- Chip makers such as Intel (INTC) and Broadcom (BRCM) are using the Mobile World Congress to demonstrate technology that will increase network speeds.
- One new service is expected to provide download rates of up to 300 megabits a second, four to six times the top speeds of existing LTE networks.
- The companies are out to chip away at the dominance of Qualcomm (QCOM), which holds 9% of the LTE market.
- Other companies that are putting out decent LTE chips include Nvidia (NVDA), MediaTek, Marvell Technology (MRVL), and Spreadtrum Communications (SPRD).
- More on the Mobile World Congress.
at Zacks.com (Nov 18, 2014)