MediaTek is a Taiwanese semiconductor company that designs and manufactures chips for various electronic devices. Founded in 1997, it specializes in system-on-chip (SoC) solutions for smartphones, tablets, smart TVs, and other connected devices. The company is known for its innovative technologies, including 5G connectivity and artificial intelligence (AI) capabilities. MediaTek competes with other major chipmakers like Qualcomm and Samsung, providing affordable and efficient solutions that power a wide range of consumer electronics worldwide.