Archive for September 6th, 2011

Apple’s sales in China are up sixfold and reached $3.8 billion in second quarter revenues. Chinese market remains largely untapped and Apple could increase iPhone sales there by reaching agreements with additional Chinese carriers. However until now Apple hasn’t succeeded in reaching the agreement with the largest wireless operator China Mobile, and the sole Apple’s carrier in this country remains China Unicom. Moreover, according to DigiTimes, Apple’s iconic smartphone will compete with devices from both carriers:

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Engadget Chinese has confirmed that the first Apple’s retail store in Hong Kong will be open on September 24. Apple does not confirm the date, noting they "don't have further information to share." Construction of the store began in June, but now the two-story store front is covered and promised to be opened in the 4th quarter of 2011. Apple reportedly spent about $20 million on construction alone. Apple will employ more that 300 employees for that store that will serve approximately 40,000 customers each day. An average U.S. Apple store serves four times less flow of customers. This store will obviously thwart a grey market for Apple devices that are extremely popular in Hong Kong.

A new report claims that Apple has made a deal with Largan Precision and Genius Electronic Optical to build and supply 8-megapixel camera lenses for the company's forthcoming next-generation handset.

“The two companies are reported to continue supplying lenses for Apple’s newest iPhone 5 with an 8-megapixel camera. With relatively higher production yield, Largan, commanding nearly 20% of the global market, will reportedly garner a big order from Apple.”

Both companies were previously responsible for production of 5-megapixel lens modules for the current-generation iPhone 4. Today’s report claims the two companies will compete and work together as they continue to share Apple has one of their largest customers for the upcoming next-gen iPhone. Last year both companies covered 27.5 percent of global market share and it could move even higher as iPhone sales continue to grow. It’s not surprising that Apple continues to source parts from multiple suppliers. This is a move that is common for the company in an attempt to create competition amongst suppliers, drive down prices, and increase production quality while reducing risk.