New market: The iPhone 5C will soon be on sale in China
Apple has concluded a deal to bring the iPhone to China Mobile, the world's biggest network. The
network, which is owned by the Chinese state, has more than 750 million
subscribers and the move raises the possibility of a massive sales
boost for the US technology firm. The iPhone 5s and 5C will go on sale in China from January 17.
Analysts are forecasting a sales hike of between 10 and 25 million over the next year.
China's granting of 4G licences earlier this month is thought to have
helped the deal as the faster network is compatible with the iPhone.
In a statement, Apple and China Mobile said they were "excited" to finally be working together.
"Apple has enormous respect for China Mobile and we are excited to begin working together," Apple CEO Tim Cook said. "China
is an extremely important market for Apple and our partnership with
China Mobile presents us the opportunity to bring iPhone to the
customers of the world's largest network."
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