China plans launch of iPhone 5

(CCTV)

China Unicom began accepting pre-orders for iPhone 5 on Monday, one day later than China Telecom’s move on Sunday.

iPhone 5 will be officially launched in the Chinese mainland on December 14, heating up fierce competition among telecom operators to launch various packages to attract customers.

In order to gain more market shares, China Telecom was the first operator to accept iPhone 5 reservations in the Chinese mainland, with a contract price of 5,780 yuan (982 US dollars).

Apple has been attaching bigger importance on the Chinese market, as it has opened more stores to significantly shorten the delivery time of new products and gain more popularity.

As the company posted group quarterly revenue of 36 billion U.S. dollars from July to September, Chief Executive Officer Tim Cook revealed that Apple’s earnings in China grew 26 percent year-on-year, with sales hitting 5.7 billion U.S. dollars.

(Copyright 2012 CCTV. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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