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Chip manufacturing accounts for more than 60 percent of investment in chip-related industry, Xinhuanet reported.
Chinese smartphone vendor Oppo said on Tuesday that it will invest 50 billion yuan (.1 billion) over the next three years on research and development, as it aims to boost its technological prowess amid fierce competition in the 5G-enabled internet of things era.
Chinese smartphone manufacturer Nubia Technology Co Ltd on Tuesday unveiled its Play 5G mid-range smartphone which targets the young generation in China, in a bid to grab a bigger slice in the world's largest smartphone market.
Claude Monet's Nympheas en fleur (Water Lilies in Bloom), which provisionally priced between million and million, went for .7 million and also set a new record for the artist.
Chinese vendors still have several loose ends to tie up, none starker than their poor control over key sections of the supply chain, particularly chips, or processors, the engines that drive the handset hardware -the brain, if you will.
来源：资阳报