MediaTek spend $2 million investment in LED driven IC plant

IC design companies MediaTek (2454) recently announced that it will spend $2 million (NT $about 57000000), through the subsidiary company to invest in the establishment of analog IC factory (Beijing) Company MediaTek LePower liberty. Liberty LED driving IC factory, currently belongs to small scale management team, product driven IC LED, mainly used in backlight TV, with their own IP, so invited back to Asia business, hope China antithetical couplet build a complete industrial chain to help. MediaTek is currently the company has 1 product lines as the control chip of digital TV, digital TV is due to the current panel with LED backlight, therefore, investment liberty and MediaTek product technology with complementary benefits.