Date
23 July 2018

China Mobile may delay launch of new Apple iPhones, Sina says

China Mobile Ltd. (00941.HK) may delay the launch of Apple Inc.’s latest iPhone 5S and 5C smartphones, as the Ministry of Industry and Information Technology (MIIT) has yet to issue 4G licenses and the carrier needs time to consider Apple’s minimum order requirement, news portal Sina.com reported Tuesday. According to JP Morgan Chase, Apple could require China Mobile to guarantee sales of 10 million iPhones, which would translate into huge amounts of handset subsidies for the carrier. Meanwhile, China Mobile has reservations that it would hurt user experience, and in turn sales, if it launches the new iPhones now with only 3G or even 2G networks available. The carrier is hoping to boost 4G usage along with the official release of operating licenses, the report said. MIIT chief Miao Wei {苗圩} said recently that 4G licenses are likely to be handed out by year-end.

– Contact HKEJ at [email protected]

EL/AC/CG

 

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