Mediatek makes waves in the smartphone market -

A survey from Strategy Analytics said the global smartphone applications processor market grew 44 percent in Q2 of this year to stand at a value of $4.4 billion.

And while Qualcomm still holds the number one share with 53 percent revenue, followed by Apple with a 15 percent share, Mediatek toppled Samsung for the number three place, with 11 percent share.

If you add Spreadtrum to the mix, these two Chinese low cost suppliers hold a third of the market.

Qualcomm’s Snapdragon 800 chip family is set to hold the leading market share in the second half of 2013, mostly because of its LTE technology, Strategy Analytics said.

The company thinks that Intel’s Bay Trail chip, and Nvidia’s Tegra 4 chip will show tablet applications market share growth in the second half of this year.