https://wccftech.com/snapdragon-765-price-cut-compete-mediatek-dimensity-1000l/

Qualcomm is the largest mobile chip vendor in the industry currently with an estimated market share of 31 percent, followed by MediaTek, which is said to have 21 percent of the market. The mid-range 5G smartphone market will slowly pick up thanks to SoCs like the Dimensity 1000L, with most phone makers choosing the latter due to its affordability and improved performance. To make sure MediaTek’s orders reportedly get effected, Qualcomm is apparently introducing a price for the Snapdragon 765 to provide better competition.

According to analyst Ming-Chi Kuo, to make up for the ‘lower than expected’ demand for its high-end SoCs, Qualcomm is reportedly reducing the price of its Snapdragon 765. Apart from slashing the price of its mid-range chipset, the company is apparently also thinking about bringing down the price of its low-end chips in the second half of 2020. As a result, MediaTek might see the demand for its silicon offerings suffer 3-6 months earlier than it was apparently expecting.