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Chip makers such as Qualcomm (QCOM), Intel (INTC) and Taiwan's MediaTek are fighting it out in...

  • Monday, August 6, 2012, 8:12 AM ET
    Chip makers such as Qualcomm (QCOM), Intel (INTC) and Taiwan's MediaTek are fighting it out in the emerging battlefield of low-end smartphones that cost less than $200, attracted by high volumes and fast growth. Intel and Qualcom have teamed up with Lenovo, with the latter two last week introducing the first devices that use dual-core chips from Qualcomm which address the cheaper end of the market.
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