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Taiwan's MediaTek to list flagship Bluetooth chip unit

Airoha's $3.3bn valuation could lead to island's biggest chip IPO in years

MediaTek's bluetooth unit Airoha is preparing for an IPO with a preliminary listing on Taiwan's Emerging Stock Market. (Photo courtesy of Mediatek)

TAIPEI -- Taiwan's MediaTek plans to publicly list its Bluetooth chip unit this year to raise funds for research and development as well as make the company, currently valued at over $3 billion, more competitive in hiring amid a historic labor crunch in the semiconductor industry.

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