Apple, China Unicom to Announce iPhone Deal?

Posted by: Bruce Einhorn on August 27, 2009

The long wait of China’s iPhone fans may finally be over. Mike Kent at SciTechToday writes that China Unicom is having a media briefing on Friday and is expected to announce that the carrier has reached a deal with Apple to sell the iPhone in China. According to this Reuters story, an unnamed analyst cited an unnamed industry source saying Unicom would announce the iPhone deal. We’ll see soon enough. For what it’s worth, when we spoke to China Unicom last week, while reporting our story about China Mobile and its OPhones, a company spokesman was being tight lipped. “We will let everyone know when conditions permit,” he said.

For over a year there have been rumors about Apple landing a Chinese partner, so I wouldn’t blame you for not holding your breath this time. That said, with China Mobile aggressively rolling out iPhone-like smartphones from Lenovo and other vendors, Apple and Unicom both need a deal and need it now. So chances are good that this rumor will turn out to be true.

Reader Comments

Tom Sciolla

August 28, 2009 12:21 AM

look up this stock China Unicom

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Bloomberg Businessweek’s team of Asia reporters brings you the latest insights on business, politics, technology and culture from some of the world’s biggest and fastest-growing economies.

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