Taiwan, with the world's second-largest chip design industry, has some companies that have countered a slump in the global economy by tapping emerging markets such as China. The strategy has helped the chip designers boost sales. MediaTek, said to be the world's seventh-largest chip designer, has announced earnings up 5.1% in the third quarter over the same period a year earlier primarily because of strong sales in China. The company, which counts on mobile phone chips for most of its revenue, had sales growth that outpaced gains in the overall handset industry.
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