ight will be for a foothold, in hopes to make a play for meaningful volume, and the second spot, behind Qualcomm in 2015. While we have argued that Mediatek was the clear number two behind Quakomm (they remain so in unit volumes and profits), this point has been muddied a bit by the mixed progress in LT

price points hit new levels of affordability (e.g. $25 smartphones with 1GHz processors, GSM/Edge and wifi) In short, while we continue to believe Mediatek to be Qualcomm's most credible overall competitor, we think the shift to LTE creates an opportunity for perhaps one other vendor. While we will not

e for a foothold, in hopes to make a play for meaningful LTE volume, and the second spot in LTE, behind Qualcomm in 2015. While we once argued that Mediatek was the clear number two behind Qualcomm (they remain the strong #2 in overall mobile modem unit volumes and profitability), in LTE this point has