9FEBRUARY 2026MEDIATEK TO RAISE CHIP PRICES DUE TO AI DEMAND, SAYS CEOASHOK LEYLAND & PT PINDAD JOIN HANDS FOR EV AND DEFENSE PROJECTSTaiwan's top chip design company, MediaTek, is responding to the growing demand for artificial intelligence (AI) applications by adjusting its prices due to supply chain challenges.The surge in AI-driven demand has created significant strain on global supply chains, pushing up costs for companies like MediaTek and TSMC, the world's largest contract chipmaker.Ashok Leyland & PT Pindad MoU marks a fresh move in India­Indonesia industrial ties. Ashok Leyland, the flagship commercial and defense vehicle maker of the Hinduja Group, has signed a Memorandum of Understanding with PT Pindad, Indonesia's state-owned defense and industrial equipment company. The agreement was signed today at PT Pindad's headquarters in Bandung.The MoU sets the base for joint development and manufacturing of electric buses and defense vehicles designed for Indonesia's mobility and national security needs. It brings During a quarterly earnings conference call, MediaTek's CEO, Rick Tsai, expressed confidence in the company's outlook but acknowledged the impact of supply chain disruptions. "With AI serving as a catalyst for industry expansion and driving the surge in demand, the global supply chain is facing challenges in fully meeting the increasing needs in 2026, resulting in higher costs across the supply chain," Tsai stated.He further elaborated that MediaTek would adjust its pricing to reflect these rising costs and ensure the allocation of supply aligns with the overall profitability of the company. This decision follows MediaTek's projection of significant earnings from AI accelerator ASIC chips, estimating revenue in the billions by 2027.MediaTek's total addressable market (TAM) for data centre ASIC chips has increased to $50-70 billion, surpassing previous estimates by $20 billion. The company has also partnered with Nvidia to co-design the GB10 Grace Blackwell Superchip, used in Nvidia's DGX Spark, a cutting-edge AI supercomputer.For Q4, MediaTek reported $150.2 billion ($4.76 billion) in revenue, an 8.8% increase year-on-year, though net income dipped 3.6%. Despite the challenges, MediaTek's stock has gained 26% this year, outperforming the market. together Ashok Leyland's global experience in electric commercial vehicles and defense mobility platforms with PT Pindad's strong engineering skills, local production scale, and deep links within Indonesia's defense system.The signing ceremony was attended by senior leaders from both sides. These included Prof Sigit P Santosa, Chief Executive Officer of PT Pindad, Amandeep Singh, President ­ International Operations, Defense, LCV & PSB at Ashok Leyland, and Lord Tariq, Advisor to the Board, Hinduja Auto.Indonesia's push toward clean transport and modern defense systems makes this partnership timely. The collaboration supports national goals around electric vehicle adoption, energy efficiency, and higher localization in defense manufacturing. The Ashok Leyland PT Pindad MoU also reflects growing trust between the two countries' industrial sectors.Speaking on the partnership, Amandeep Singh said, "Ashok Leyland has a long-standing track record of delivering dependable commercial and defense mobility solutions across global markets. Through this partnership with PT Pindad, we aim to co-develop platforms that are specifically suited to Indonesia's terrain, infrastructure, and operational needs, while supporting the country's sustainability and localization goals."
< Page 8 | Page 10 >