Tag Archives: chl

China smartphone subsidy cuts likely to impact Apple

Apple’s (AAPL) smartphone sales growth in China is likely to take a hit because of actions by the Chinese government. China’s State-owned Assets Supervision and Administration Council (SASAC) might be ordering its telecom carriers to reduce their sales and marketing costs by about 20%, out of which handset subsidies likely amount to more than one-third, UBS Securities analyst Steven Milunovich said Tuesday. China Mobile (CHL), which began selling the iPhone in January, cited the Apple (AAPL) handset as a reason why its subsidies on all phones will rise 29% this year, Bloomberg reported. About 50% to 60% of phone sales in China are subsidized  

Smartphone Users Seen Rising 25% In ’14, Led By China

The number of smartphone users worldwide is seen rising 25% this year, led by China and other parts of Asia, slower growth than prior years but still generally considered a brisk pace. So says research firm eMarketer in a report released Wednesday. Apple (AAPL) is among the smartphone vendors making a big push for sales in China, including finally reaching a pact that lets No. 1 wireless provider China Mobile (CHL) finally start selling iPhones.

Smartphone Users Seen Rising 25% In ’14, Led By China<QL>

The number of smartphone users worldwide is seen rising 25% this year, led by China and other parts of Asia, slower growth than prior years but still generally considered a brisk pace. So says research firm eMarketer in a report released Wednesday. Apple (AAPL) is among the smartphone vendors making a big push for sales in China, including finally reaching a pact that lets No. 1 wireless provider China Mobile (CHL) finally start selling iPhones.