FASTTAKES: HTC, NEC, Westnet, SingTel, HuwaeiHTCplans to spend $500,000 to set up an R&D subsidiary in China, which will develop customized handsets for the local standards such as TD-SCDMA. NECsaid it participated in recent KDDI field-trials of LTE over the 1.5GHz band. KDDI intends to commercially launch LTE services in 2012. Westnet, a subsidiary of Australian ISP iiNet, intends to invest A$5 million ($4.95 million) in an ADSL2+ broadband
