NEW DELHI Taiwan’s MediaTek, maker of chips used in mobile phones, picked up a 10% stake in Indian value-added services player Spice Digital for $20 million, valuing the company at $200 million, or . 883 crore. MediaTek chairman Ming-Kai Tsai said, “Through this investment in Spice Digital, we are hoping to capitalise on its market potential and reinforce its strong operator relationship and leading position in India, Southeast Asia, Africa and the Middle East.”
No comments:
Post a Comment