Leadcore Technology is a Chinese fabless semiconductor company that provides system-on-chip solutions for smartphones and tablets, specializing in the TD-SCDMA and TD-LTE network standards used in China and in other countries.According to DigiTimes, in Q2 2014 Leadcore was the sixth-largest supplier of smartphone application processors in China with a market share of 3% of all units, which represents unit shipments of about 3 million.In October 2014, the Chinese website cnBeta.com reported on rumours that Xiaomi, which according to IDC was the third largest smartphone company in the world in unit shipments in the third quarter of 2014, would take a controlling 51% interest in the company.