China Opens Door to iPhone 5
According to the Wall Street Journal, iPhone 5 has received its final certification from the Chinese Telecom Certification body regulators, thus opening the door to one of the largest markets to Apple. That means it’s only a matter of time before one of the country’s carriers, as well as apple’s own retail stores in the country, will begin selling it. On Thursday, two iPhone models received the necessary network access licenses from China’s Telecommunications Equipment and Certification Center (TENAA).
The regulator said in two posts on its website that it had approved licenses for an iPhone supported by China Telecom and one supported by China Unicom. China Telecom chairman Wang Xiaochu had previously stated that the iPhone 5 would be launching on the carrier by early December, and the carrier has reportedly started taking pre-orders in recent days. The chairmen of both companies said recently they each hoped to offer the iPhone 5 in December, but were waiting on the licenses. Apple has been focussing strongly on the Chinese market, which now accounts for 15% of the company’s revenue.
Apple is dedicatedly pursuing its goal of bringing the iPhone 5 to at least 100 countries before the end of 2012. The company is clearly working hard on this worldwide coverage mission. Apple’s CEO Tim Cook has previously said he expects the iPhone 5 will go on sale in China sometime in December. The company has started selling its newest products in China a few months after their official launches in the U.S. This has been a benefit for China’s parallel market, in which middlemen will buy the product overseas and then sell it at higher prices to Chinese customers unwilling to wait. Sources say that Black market iPhones often cost $200 or more over the original price.
Author : Aritra Sinha