MediaTek has announced that its overseas subsidiary Gaintech has invested US$2 million in China-based capacitive touch-controlled solution vendor Goodix on behalf of the parent company.

With Goodix having an original capital of CNY42.49 million (US$6.46 million), MediaTek will have an over 20% stake in the touch controller IC maker after the capital increase project.

Goodix posted net worth of CNY71.88 million and net profits of CNY6.02 million in fiscal 2010, according to a MediaTek filing with the Taiwan Stock Exchange (TSE).

To date, MediaTek's total investment in China has reached US$257.85 million, accounting for 76.57% of its paid-in capital, the company said.