Posted 09/06/2013 at 4:43 PM
Posted 3 years ago
Apple is planning to ship a less expensive version of the iPhone to China Mobile Ltd, according to a report in The Wall Street Journal.
It’s not 100% certain whether Apple and China Mobile have signed a formal agreement, but the phones are definitely set to be shipped.
Apple is interested in capturing the market in China, which is growing quickly.
“The cheaper iPhone is definitely a game changer,” said TZ Wong, a China smartphone analyst for research firm IDC. “For Apple, this will be an inflection point.”
“For Apple’s less expensive iPhone to really work, it’s critical for Apple to make it happen with China Mobile,” said Nicole Peng, China research director at Canalys.