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383 Madison Avenue 3Rd Floor
New York City, New York 10179
J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $20.3 trillio ... more
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Citing the three low-end Desire series models that the company launched last month, Kwock said that HTC's inclusion of processors made by Broadcom Corp, ST-Ericsson and Spreadtrum Communications Inc (????) in the three products "marked its attempt to make a comeback in the sector by making China its home market."
However, HTC might not fare well for long, given the strong likelihood that rival Chinese vendors will launch competing 4G products in the second half of the year, Kwock said in a note to clients on Monday.
"Thus, we suspect that HTC might not consider a merger scenario right now," Kwock wrote in the report, in which
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