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MediaTek Shifts Focus to Cars, AI Amid Supply Glut in Smartphone Market | Technology News

MediaTek Shifts Focus to Cars, AI Amid Supply Glut in Smartphone Market Taiwan's top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics. "We are definitely moving our resources very, very rapidly towards the automotive and computing areas, because those areas will provide our...

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