Some interesting points from Nomura Securities:
Nomura: “Typically in a lawsuit, the party to get sued first is the one with deepest pockets — Google in the Android world. But the challenge is Google does not derive any revenues from selling Android phones, and Apple’s competitive-cum-dependent relationship with Google (the iPhone uses Google Maps and Google Search for critical functions) makes it tricky. So, in our view, HTC is a proxy.”
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