Apple Inc chief executive officer Tim Cook made his second visit to China in less than 10 months, after almost doubling retail outlets in the nation.
Cook met Miao Wei (苗圩), head of China’s Ministry of Industry and Information Technology, on Tuesday to talk about the development of China’s information technology industry, global mobile communications and Apple’s business in China, according to a statement posted on the ministry’s Web site.
The Apple chief also visited China in March last year when he pledged “greater investment” in the world’s largest market for computers and mobile phones. Since then, the Cupertino, California-based company increased its number of stores in China and Hong Kong to 11 from six.
Still, the company has yet to offer the iPhone through the world’s biggest carrier, China Mobile Ltd (中國移動), which last month said Apple needs to talk about “benefit sharing” to reach agreement.
“I think there is a good chance of an agreement with Apple this year” for China Mobile to offer the iPhone, JI Asia Research Ltd analyst Neil Juggins said in an e-mail yesterday. “I would put the chances at better than 50 percent.”
China Mobile will probably move to a fourth-generation (4G) wireless network based on Long Term Evolution (LTE) technology in the second half of this year, and the iPhone will be offered on the new system, Juggins said.
Carolyn Wu, Beijing-based spokeswoman for Apple, yesterday declined to comment on whether Cook would meet China Mobile during this trip.
“Tim is in Beijing meeting government officials and partners,” Wu said in a phone interview yesterday. “China is an important market. We look forward to continued customer excitement and growth here.”
Li Jun (李軍), a Beijing-based spokesman for China Mobile’s state-owned parent company, said he did not immediately have information on whether Cook was meeting with executives at the carrier this week.
China Mobile uses a homegrown third-generation (3G) network standard that has not been adopted by any other carriers, and Apple has yet to design a device for it.
Technical issues related to the standard are not the only obstacles to reaching an iPhone deal with Apple, China Mobile chief executive officer Li Yue (李悅) told a conference in Guangzhou last month.
“Besides the technical issues, the business model and benefit sharing still need further discussion,” Li said.
Apple opened its first Chinese store in Beijing’s Sanlitun District in 2008. It now has three shops each in Beijing, Shanghai and Hong Kong, as well as ones in Chengdu and Shenzhen.
The company generated US$5.7 billion in sales in China in the quarter ended September and sold more than 2 million iPhone 5s during its weekend debut there last month.
The phones are offered through the nation’s second and third-largest carriers: China Unicom (Hong Kong) Ltd (中國聯通) and China Telecom Corp (中國電信).
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all