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Why MediaTek Is Smart to Get Out of Qualcomm, Inc.'s Way


Why MediaTek Is Smart to Get Out of Qualcomm, Inc.'s Way

Per a pre-publication note in DigiTimes (subscription required), mobile-chip maker MediaTek, largely seen as the No. 2 merchant mobile chip vendor next to market leader Qualcomm (NASDAQ: QCOM), "is unlikely to roll out mobile chips built using more advanced 10nm and 7nm process technologies in 2018."

This, DigiTimes says, is due to MediaTek's apparently shifting its resources away from the premium portion of the smartphone market to instead redouble its efforts in the mid-range portion of the smartphone market.

Image source: Qualcomm.

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Source: Fool.com

Qualcomm Inc. Stock

€154.72
-6.170%
Qualcomm Inc. took a tumble today and lost -€10.180 (-6.170%).
The stock is one of the favorites of our community with 45 Buy predictions and 1 Sell predictions.
With a target price of 172 € there is a slightly positive potential of 11.17% for Qualcomm Inc. compared to the current price of 154.72 €.
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