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Chinese mobile baseband chipmaker Spreadtrum (SPRD -11.5%) is diving thanks to a Morgan Stanley...

Chinese mobile baseband chipmaker Spreadtrum (SPRD -11.5%) is diving thanks to a Morgan Stanley downgrade to Equalweight. Spreadtrum, which is seeing growing competition from Qualcomm (QCOM) and others, is expected to deliver its Q1 report on May 4.
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