MediaTek awarded for industrial achievements.

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1MediaTek awarded for industrial achievements .
2MediaTek Inc. , Taiwan 's No. 1 handset chip designer , has been awarded a special prize that encourages industrial firms to improve their achievements in environmental protection and energy-saving , the organizer of the award said Tuesday .
3The Industrial Sustainable Excellence Award , known as Taiwan 's Nobel Prize for the industrial sector , received 48 entries this year , from which seven winners were selected , according to the Ministry of Economic Affairs -LRB- MOEA -RRB- .
4MediaTek , which was the only winner awarded the special prize , represents the country 's outstanding IC design ability , or `` hard power , '' making it deserving of the honor , the MOEA said .
5`` It is gratifying to receive the prize , but it also puts us under pressure , '' said MediaTek Chairman Tsai Ming-kai , who attributed the company 's success to the correct policies of the government .
6He also noted that Taiwan is going to have big opportunities in the emerging markets such as China , India and Southeast Asian countries .
7About 1,000 Taiwanese companies have applied for consideration for the award since it was founded in 2000 , 123 of which have been selected as winners and only nine of which have received the special prize .