The semiconductor maker adds to its investment in Asia with a step into the Indian mobile market.
Taiwan-based semiconductor company MediaTek has invested $20m in the India-based mobile services provider Spice Digital. News agency Reuters has cited the size of the stake obtained as 10%.
MediaTek, which makes semiconductors used across a range of electronic devices including wireless communication and global positioning systems, has invested in a series of companies this year, acquiring Taiwan-based chip maker Ralink Technology and investing in China-based companies Goodix and NetQin.
Spice Digital, formerly known as Cellebrum, provides a mobile value added…
