The projection compared with MediaTek's current staff of around 12,000 worldwide, and came as chairman M.K. Tsai said the company will host 50 Indian engineers before the end of the year in Taiwan as part of a collaborative government training program on smartphone design.
Wall Street says Intel Corp is the best suitor for Qualcomm Inc's chip unit, if the maker of Snapdragon mobile processors decides to break itself up.
The company said it would reduce costs by about USD 1.4 billion, cut about 4,500 full-time staff, or 15 percent of its workforce, and boost capital returns to shareholders.
In an exclusive interview to CNBC-TV18, chairman of the Spice Group, BK Modi says that they are mainly looking at Africa to expand their mobile internet business.