Apple Abandons iPhone Revenue Share Requirement
China Business News, 6/27/08
China Mobile (NYSE: CHL; 0941.HK) president Wang Jianzhou has stated that the biggest obstacle facing the introduction of Apple's iPhone to China has been solved, with Apple abandoning its revenue sharing requirements on the new 3G version of the iPhone.
Editor's Note: For more background on this topic, please see "China Mobile: Official Talks on iPhone Not Yet Started", MD 1/24/08 issue, and "
">China Mobile Still Open to iPhone Negotiations", MD 4/14/08 issue.
Keywords: market entry 0941.HK 3G Apple China Mobile CHL iPhone revenue share Wang Jianzhou wireless mobile phone