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China Daily Europe | Updated: 2016-01-08 07:57
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The processing power of Mate 8 will make other vendors' devices look weak."

Yu Chengdong, head of Huawei's consumer division, after the launch of the Mate 8 phone, which is powered by the company's Kirin 950 chip. Many Chinese firms have announced plans to make chips and software products for mobile devices.

"Small and medium-sized shipyards without orders or with few orders will gradually withdraw from the market over the next five years."

Guo Dacheng, president of the China Association of the National Shipbuilding Industry expects the government to cut its vast shipyard network to get industrial growth back on track.

"The company (Google) has already missed out the highs in the country's smartphone industry, when sales peaked."

Gene Cao, a Beijing-based analyst with Forrester Research Inc, after Google posted numerous job ads on social media.

(China Daily European Weekly 01/08/2016 page24)

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