Chip makers look to knock Qualcomm off LTE perch

|By:, SA News Editor

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.