Chinese SinoCast Daily Business Beat reported that Apple is preparing to purchase Handseeing Information Technology, a Chinese game developer focused on Rich Internet Applications (RIAs), but we’re really not quite sure.
Handseeing Information Technology Co., Ltd., a mobile Internet service provider and a mobile game developer in China is going to be taken over by US-based Apple Inc for as much as USD 150 billion, but the emergence of more potential buyers makes the deal uncertain.
The plan of Apple to take over the Chinese company reveals its mounting interests in China’s potentially huge mobile Internet sector, However the “USD 150 billion” figure appears to be a typographical error, as it would be an unreasonable purchase price for such a company.
The potential reason for Apple’s interest in Handseeing is unclear, although the company does seem to have some expertise in Java-based online gaming technologies. However just a month ago a separate report indicated that Apple’s manufacturing partner foxconn was planning to take over Handseeing.