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China Mobile (NYSE:CHL) hopes to sell 100M TD-SCDMA 3G smartphones in 2013, up from an expected...

Oct. 02, 2012 6:42 PM ETChina Mobile Limited (CHL) StockCHL, QCOM, MRVL, SPRDBy: Eric Jhonsa, SA News Editor
China Mobile (NYSE:CHL) hopes to sell 100M TD-SCDMA 3G smartphones in 2013, up from an expected 60M in 2012. TD-SCDMA baseband chip leaders Spreadtrum (NASDAQ:SPRD) and Marvell (NASDAQ:MRVL) must be glad to hear that. So must Qualcomm, which will reportedly offer a 3G/4G reference design to OEMs in Q1. But price competition is likely to be fierce: CHL expects unsubsidized TD-SCDMA dual-core smartphone prices to hit CNY1,000 ($158) by the end of 2012, and quad-core prices to follow suit in 2013.

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