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Smartphone-Chip Maker MediaTek Sees India Demand Fueling Growth

Taiwan’s MediaTek Inc. expects surging sales of smartphone and smart-television chips to continue to fuel growth in the key market of India, the fabless chipmaker’s country head said on Friday.

“Consumption has increased drastically in the last two years and that is the trend we see will keep going forward in the coming years,” MediaTek’s India Managing Director Anku Jain told Bloomberg Television’s Rishaad Salamat and Haslinda Amin.