In an attempt to reduce its reliance on third-party processor makers, HTC has reportedly signed a memorandum of cooperation with ST-Ericsson to develop its own mobile chips, following the same route as its rivals Apple and Samsung.

According to a report by the China Times, HTC will develop a dedicated application processor that will be incorporated into its low-end smartphones when production starts next year.

Facing increased competition in the smartphone market as of late, HTC has been forced to overhaul its device strategies, focusing on ‘hero’ devices that started with the launch of the HTC One range of Android smartphones that fused impressive hardware specifications with a tighter software experience that built upon Google’s Android operating system. Read more...