Tag Archives: China

Apple opens up another two Apple Stores in China

Apple seems to be dedicated to opening up retail stores in China as they’re planning to open another two Apple Stores this month. This brings the store count to 32 total, with four opening this month alone. The first store is set to open on January 16 in the IST Mall in Nanjing. While the second store will be opening up on January 28 near the first…

Apple announces Apple Pay in China via UnionPay

Apple today announced that they are bringing their mobile payment service to China via UnionPay. The service will be available on iPhone, iPad, and Apple Watch. Apple Pay support will initially support 15 banks in the country and Apple plans to roll it out to more banks in the future. In China, Apple Pay will work with UnionPay Quickpass which is an…

Counterfeit iPhone factory shut down by Chinese authorities

Reuters reports that a Chinese factory responsible for $19 million of counterfeit iPhones was raided and closed by local authorities. The May 14 raid resulted in seizure of 1,400 handsets and “large quantities of accessories.” The factory, led by a husband and wife, posed as a tech repair shop in Beijing. Authorities also arrested 7 other factory…

Apple Pay’s arrival in China hits snags

Apple is facing an uphill battle in trying to launch Apple Pay in China, according to a Caixin report (via MarketWatch). Although the Cupertino company’s mobile payment system has had a strong start in the US, crucial talks with UnionPay are said to have stalled. “Apple is seeking to cooperate with Chinese financial institutions,” a People’s Bank of…

Tim Cook speaks on Apple’s success in China

China’s growing middle class is noted as an opportunity for growth in many industries. If you remember about a year ago, many were saying that Apple should make a cheaper iPhone to compete in China. When iPhone 5c was announced,  those people were generally disappointed with the repackaged iPhone 5′s chances in China. Now the top smartphone vendor in…

Highlights from Apple’s Quarterly Earnings Call

Today, Apple released their latest quarterly figures. As is usual for Apple’s holiday quarters, they posted record numbers. Here’s some highlights from what was mentioned beyond the straight financial figures. Apple had a great quarter for the iPhone. Overall, Apple sold 74.5 million iPhones, 23.4 million more than the same quarter last year. When…