Rumor: Unicom Interest in iPhone Wanes
National Business Daily, 6/09/09
An industry insider has revealed that China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Apple "are making no progress at all" in their iPhone discussion due to Apple's uncompromising stance. Regarding the iPhone matter, "China Unicom senior management has already changed their position and the iPhone's importance to the company's strategy has diminished."
No direct comments regarding the rumor were forthcoming from either party.
Editor's Note: China Unicom is preparing to launch its UPhone handset, which will use Unicom's mobile operating system UniPlus.
Keywords: smartphone 0762.HK 600050.SH Apple China Unicom CHU iPhone UniPlus UPhone wireless mobile OS mobile phone