MediaTek to invest over $1 billion in chip development

Taiwanese company MediaTek plans to invest more than $1 billion in development of more than 20 new chips in 2014 that will
be built into smart phones, tablets, TVs, DVD players, and wireless devices.

MediaTek usually spends about 20% of the annual amount collected from the sale on the research and development department. @Decrypted Tech

Microsoft announces Nokia Lumia 1520 pre- orders

Microsoft has officially detailed the Lumia 1520 availability and launched a pre-order campaign for the phablet.

Microsoft is going the extra mile with this particular pre-order.

The SIM-free Lumia 1520 will cost you a hefty £594.98, and is
scheduled to start shipping on November 25.

@gsmarena