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Huawei would consider buying Nokia to boost smartphone business

Richard Yu, CEO of Huawei's consumer unit, says his company would be open to buying Nokia to increase the growth of its smartphone business. Another Huawei spokesperson has declined to comment further.

Chinese consumers mobile shop more frequently than peers

Here is another record for China: Over the next 12 months one in four Chinese consumers are going to use their smartphones or tablets to shop online, double the global average, says the latest PricewaterhouseCoopers (PWC) survey. Chinese consumers may be relatively new to online shopping, compared to their Western peers, but they are not just fast catching up, they are in the process of overtaking them.
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