China Mobile: Still In Talks With Apple On Iphone Cooperation
September 11 2009 - 12:58AM
Dow Jones News
China Mobile Ltd. (CHL) Chairman Wang Jianzhou said Friday the
company is still in talks with Apple Inc. (AAPL) over selling
iPhones in China.
The deal between China Unicom (Hong Kong) Ltd. (CHU) and Apple
to sell iPhones in China is "absolutely not exclusive," Wang said
on the sidelines of the World Economic Forum in the northeastern
coastal city of Dalian.
He also said China Mobile hopes to sell Ophones, which operate
on an open-source operating system, in China at prices as low as
CNY1,000 each.
China Mobile, a Hong Kong-listed company, hopes to list shares
on mainland China very soon, Wang said.
But he added the planned share offering would be through a new
method, instead of in the form of either an ordinary A-share
listing or through depositary receipts. He didn't elaborate.
-By Aaron Back, Dow Jones Newswires; 8610 6588-5848;
aaron.back@dowjones.com