Asia Express - Mobile Communications
MediaTek Increases Stake in Yao Po to 100%
September 02, 2005

Media Tek plans to acquire mobile chip maker Yao Po by increasing its stake in Yao Po to 100% from 50%. Seen as an acknowledgment that mobile chips will be MediaTek's next focus, this acquisition is expected to give MediaTek greater access to Yao Po's mobile video and multimedia technology. Yao Bao's customer base includes the major mobile phones brands Motorola, NEC, Panasonic, Philips, Siemens, BenQ, and other first and second tier Korean makers.