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Tag: Asian markets

Hon Hai to expand retail chain, open 500 Apple licensed stores in Asia

A report out of Digitimes suggests that Cybermart, a retail arm of Hon Hai which also owns Foxconn, has recently received approval as an Apple-licensed retailer in the Asia-pacific region. The retailer intends to sell Apple products in up to 500 new stores planned for China, Hong Kong and Taiwan....

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Analyst: Apple to expand the iPhone to new carriers, boost sales in Asia

Toni Sacconaghi of Sanford Bernstein said the Apple iPhone is enjoying wide-spread acceptance in Asia that is "on par with the U.S. in some cases." Recent figures from IDC suggest that 12% of all cell phones sold in Japan are iPhones and South Korea's KT confirmed earlier this week that it has...

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