Slaying the Snapdragon: MediaTek is closing in on Qualcomm

Qualcomm’s fortunes seem to be dwindling as other vendors like MediaTek start to gain momentum. Qualcomm posted its quarterly earnings Thursday, with the chipset vendor recording its smallest quarterly revenue increase in over three years. Stiffer competition in China and the stagnation of the smartphone segment have contributed to the low revenue increase. Qualcomm’s $6.37 [...]