A naukri.com initiative
Cultofmac
2d
201
Image Credit: Cultofmac
Today in Apple history: iPhone comes to the world’s biggest carrier
- After months of negotiations, Apple secures a deal with China Mobile to bring the iPhone to the world’s largest telecom company.
- Apple designed new devices with the Chinese audience in mind, such as the larger iPhones.
- The company set an ambitious goal of establishing 40 Apple Stores in the country by 2016 and successfully opened the 56th store in November 2023.
- Apple continues to compete with Android makers in China and had to create low-end iPhones 5C and SE to capture the lower-end market.
- The COVID-19 pandemic posed severe supply chain problems that revealed Apple’s reliance on Chinese manufacturing. They are moving some iPhone manufacturing out of China.
- Cook reportedly struck a secret deal with the country’s leaders in 2016 to invest $275 billion of Apple’s money to boost China’s economy and 'technological prowess.'
- China now makes up Apple’s biggest market for apps worldwide.
- China has been a major opportunity for Apple, but also a source of problems, such as government and labor restrictions.
- Apple continues to accelerate plans to move some iPhone manufacturing out of China.
- The China Mobile deal brought more iPhones into the country, but only a fraction of the population can afford Apple’s premium devices.
Read Full Article
12 Likes
For uninterrupted reading, download the app