BARCELONA, Spain -- Taiwan's MediaTek, the largest mobile chip supplier to China, says it expects only a handful of clients to employ its newly unveiled premium product this year, adding to the woes of a company struggling with a falling profit margin and ferocious market competition.
"We don't expect many projects on our latest high-end chip," Mediatek Co-Chief Operating Officer Jeffrey Ju told reporters in a press briefing Monday at the Mobile World Congress here. "For now, we think less than 10 smartphone models will adopt this high-end X30 chip."
