Competition has heated up dramatically in the low end 5G chipset market with Qualcomm’s launch of its Snapdragon 480, which spans both sub-GHz midrange spectrum and higher millimeter wave bands. This pits Qualcomm squarely against Taiwan’s MediaTek in the field for lower cost chipsets aimed at affordable 5G smartphones, priced not much higher than the current crop of budget 4G smartphones. But while MediaTek and Qualcomm are about neck-and-neck in the overall mobile devices chipset market, with about 30% each, the latter leads in 5G chips with almost 40%, and sub-6/mmWave support should help preserve that advantage. The Snapdragon 480 is likely to supersede its predecessor, the 460, in 5G versions of a number of affordable handset models, such as…