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Apple Pay to launch in China by February - report
2015-11-24 09:22:00| Telecompaper Headlines
(Telecompaper) Apple is set to launch its Apple Pay electronic-payments service in China in February next year, according to unnamed sources cited by The Wall Street Journal. The tech giant has recently signed deals with China's big four state-run banks that will allow Apple Pay users to link their local bank accounts to the service, said the sources. However, the report cautions that Apple could still face regulatory hurdles in China, where banking and e-commerce are controlled by a number of government agencies. Apple Pay was launched last year in the US and other countries, with the company reportedly retaining 0.15 percent of all credit card transactions and 0.5 cents per debit transaction in the US. The amount Apple would make off such transactions in China has been a sticking point in negotiations, said the sources, adding that the US company hopes to launch the service before China's Spring Festival holiday on 08 February.
Tags: february
report
china
pay
Apple Pay heading to China in February
2015-11-24 01:00:00| Total Telecom industry news
iPhone maker reportedly establishes partnerships with country's big four banks.
Tags: february
china
pay
apple
Apple Launches New Clean Energy Programs In China To Promote Low-Carbon Manufacturing And Green Growth
2015-10-26 05:02:50| pollutiononline Home Page
Applerecentlyannounced two new programs aimed at reducing the carbon footprint of its manufacturing partners in China
Tags: china
green
programs
energy
Pepsi launching mobile phone in China. But Apple need not worry.
2015-10-13 20:08:44| Beverages - Topix.net
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Xiaomi takes lead in China smartphone market, Apple 2nd
2015-02-17 11:34:00| Telecompaper Headlines
(Telecompaper) A total of 107.5 million smartphones were shipped to China in the fourth quarter, up 2 percent from the previous quarter, according to data from the IDC. For the full year, 420.7 million smartphones shipped to China. The smartphone market in Q4 grew 19 percent from the year before, compared to an advance of 11 percent in the third quarter from the year earlier. The boost came from 4G phones, with 3G phone shipments affected in China by the reduction in operator subsidies. Also, while the share of phones sold through operators dropped, the number of phones sold through eTailers increased, going to double-digit shares from single-digit on sites such jd.com and tmall.com. Apple's launch of larger phones also contributed to the increase in shipments. For 2015, year-on-year growth for the smartphone market in China is expected to reach close to 10 percent. The increase could get a further boost from operators selling more smartphones via their own online sites, as well as through eTailers.
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