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HSBC is upgrading China Mobile (CHL) on a belief the world's largest carrier will soon offer the...

HSBC is upgrading China Mobile (CHL) on a belief the world's largest carrier will soon offer the iPhone. HSBC expects a new Qualcomm (QCOM) chip supporting China Mobile's upcoming TD-LTE 4G network to be included in the next version of the device, thereby allowing Apple (AAPL) to make good on a reported promise. Of course, all of this assumes the Chinese government is willing to play ball.
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