It seems HTC is readying its own set of processors. According to a report in China Times, Taiwanese manufacturer has signed a memorandum of cooperation with ST-Ericsson to develop application processor for low-end smartphones.

This processor is expected to go in production next year. There are currently no details available about this deal between HTC and ST-Ericsson, but we expect an announcement soon.

With manufacturers like Samsung and Apple already using their own processor in devices, HTC too wants to reduce dependence on Qualcomm and NVIDIA.

Gaurav Shukla is a journalist with over 12 years of experience covering the consumer technology space. He started his career with a self-published Android blog and has since worked with Microsoft's MSN.com,...

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