MediaTek has found itself as the biggest competitor to Qualcomm. Currently, the San Diego, CA-based Qualcomm is the king in the mobile world, when it comes to processors. MediaTek wants to change that. And it looks like Intel Mobile Processors might be a part of that plan. In April, Intel announced that they were canceling their mobile processors, which effectively meant that they were leaving the mobile market altogether after spending a boatload on these mobile processors. MediaTek already has a pretty decent market share in some of the emerging markets and larger Asian markets like China and India. If they do acquire the mobile arm of Intel, they could be a whole lot more competitive with Qualcomm in the near future.
The company is based in Taiwan, and their stock is said to have been suspended tomorrow. Additionally, the Taiwan Stock Exchange has given their consent to do so. Typically when MediaTek suspends their stock, it means that a merger or acquisition is about to be announced. The last time MediaTek did this, they acquired four companies. It's not yet confirmed whether MediaTek is actually going to be picking up Intel's mobile processor arm, but that is where the speculation is. MediaTek hasn't disclosed any information just yet on what the announcement will be, but we should know fairly soon.
MediaTek may not be a name that many in the West have heard of before. As we typically see processors from Qualcomm, Samsung and NVIDIA out this way. However, MediaTek does make processors in the three main areas (high-end, mid-range and low-end). Their flagship processor right now is the MediaTek Helio X25 and that is a deca-core processor. This is comprised of two quad-core and a dual core cluster. We have a dual-core Cortex-A72 clocked at 2.5GHz, paired with a quad-core Cortex-A53 clocked at 2GHz and a quad-core Cortex-A53 clocked at 1.4GHz. MediaTek's chips, for the most part, are on par with offering the same type of performance as you'd get out of the Snapdragon 800-series from Qualcomm. MediaTek's biggest issue in competing with Qualcomm is getting around the "cheap processor" mindset that many consumers have about the company.