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MediaTek says China's non-Apple smartphone demand remains soft in Q3

Boom in voice-assistants and object tracking boost chip provider's margin

MediaTek's Co-Chief Executive Rick Tsai hosts his first earnings conference since he joined the chip design house in June. (Photo by Cheng Ting-Fang)

TAIPEI -- Taiwan's MediaTek, the world's second largest mobile chip provider by revenue, on Monday said smartphone demand was likely to remain slow in the three months ending in September due to the lukewarm Chinese market and its own loss of market share to bigger rival Qualcomm.

MediaTek does not supply U.S. tech group Apple but mainly sells to major Chinese smartphone makers such as Huawei Technologies, Oppo, Vivo, Meizu and Gionee, and also provides chips for Samsung Electronics' mid-to-low end mobile phones.

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