iPhone 5S Buzz: Global LTE and China Mobile

There are no safe bets in the technology industry, and predictions about what technology will be on the market in a year or two are about as accurate as drunk dart players. But still, we set our sights on the future and predict away, consuming rumors with tepid optimism and sometimes prescient criticism.

Rumors of an “iPhone 5S” cropped up pretty much the instant the iPhone 4S was released. After all, once the precedence is set, what else could Apple (NASDAQ:AAPL) conceivably call the the second iteration of its fifth generation of smartphones? Apple’s signature use of taxonomy to help brand its products leads consumers to expect nothing less.

But to the point: the word on the street is that a phone with this moniker is in the works (is anyone surprised?). Apple Insider reports, citing Chinese tech news website EMSOne, that long-time partner Foxconn will be the exclusive manufacturer of the device. The meat of the report, which amounts to a rumor, is that the speculated phone will be compatible with multiple carriers — most notably, China Mobile (NYSE:CHL), which boasts over 700 million total subscribers…