|Bid||285.50 x 0|
|Ask||286.00 x 0|
|Day's Range||281.00 - 290.00|
|52 Week Range||203.00 - 303.00|
|PE Ratio (TTM)||20.44|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
It's better for MediaTek to not waste time or money fighting battles that it can't win.
The biggest mobile chipmaker in the world faces ongoing challenges from cheaper chipmakers and first-party chipsets from big OEMs.
Qualcomm's low Snapdragon 450 pricing is, according to DigiTimes, forcing MediaTek's hand.