MediaTek likely to beat Qualcomm and become the largest handset chip vendor
The MT6592 is the much anticipated octa-core chip by MediaTek that scores almost as much as the Snapdragon 800 on synthetic benchmarks, but at a lower price making it very luring for manufacturers.
This however does not mean that you know much about MediaTek. The average user in the United States and Europe might have heard about Snapdragon but there’s little chance the same user knows about MediaTek. The reason lies in the fact that most of the smartphones with its chips are sold in China and other developing markets.
MediaTek is a fabless chip maker based in Taiwan with a quarterly revenue of around a billion dollars. While it is likely to soon beat Qualcomm in terms of shipments volumes, it still has six times less than Qualcomm’s revenue.