Ming-Kai Tsai, Chairman of MediaTek

2020 was a challenging year for the global semiconductor industry. COVID-19 shook the global economy in the first half of the year and brought uncertainty to the industry, and then the demand for electronic products surged in the second half of the year and overstrained the semiconductor supply chain. Thanks to concerted effort of our employees worldwide, MediaTek reached new milestones in both business expansion and financial performance, playing an increasingly important role among leading IC design companies and approaching 11 billion USD in annual revenue.

MediaTek’s business continuity plan helped the company to maintain its normal business operations during these uncertain times. We collaborated with our suppliers and customers to sustain smooth supply and delivery, while also taking the appropriate measures to protect the health and safety of our employees. We believe that only by working closely with our stakeholders can we create a mutually beneficial environment for growth.
 
Since MediaTek was founded, the company has been dedicated to making advanced technologies more accessible, helping to improve people’s lives and creating new opportunities for innovation. Working with the brands that consumers love, MediaTek now powers over 2 billion devices globally every year, and we will not stop here.

As the global supply chain undergoes fundamental restructuring, MediaTek will keep to its fundamentals: technology leadership, value creation, strategic relevance and social impact. With competitive innovation, MediaTek will continue to convert its cutting-edge technologies into compelling products that drive value for clients, satisfying people’s needs throughout their daily lives. With those products, we aim to provide everyone equal access to connected devices, creating opportunities for them to make changes in their own lives.

We define our sustainable development strategy as "global reach, local presence" and focus our work in six areas: global presence, innovation, talent, corporate governance, environmental management, and community engagement. As we further grow our business, MediaTek will continue to work hard to addresses our stakeholders’ needs, fulfill our social responsibilities, foster a friendly environment, and make the world a better place. With the pandemic spurring digital transformation worldwide, we will exert our influence through our products and lead value chain partners in the quest for sustainable development; all in the hopes of becoming a well-respected corporate citizen and forging a better future for the next generation.