MediaTek will double the size of the IC design team from 100 to 200 and transform the team from only developing RF IP blocks to having full System on Chip expertise, integrating capabilities in digital, analog, and RF IC design. There will be spin-offs to Singapore-based foundries and packaging & test houses. The company will also commit to help upgrade the design capabilities of local universities to 65 nm IC design. The company is the world's second largest foundry player and is Asia's largest and the world’s 5th largest fabless company after Qualcomm, Broadcom, nVidia and Marvell.