TSMC and MediaTek have announced their commitment to a long-term partnership to continue developing innovative products for Internet of Things (IoT) and wearable device applications based on TSMC's ultra-low power (ULP) technology platform.

Under the ULP platform, TSMC offers multiple processes to provide significant power reduction benefits for IoT and wearable products and a comprehensive design ecosystem to accelerate time-to-market for customers.

In January 2016, TSMC and MediaTek achieved their first product milestone on this platform by launching MediaTek's MT2523 chipset for fitness smart watches. Built on TSMC's 55nm ULP technology, MT2523 is the world's first system-in-package (SiP) solution to offer GPS, dual-mode Bluetooth Low Energy, and MIPI-supported high-resolution mobile screen, according to the announcement.