The Wall Street Journal reports that Apple is closing in on a deal to finally sell the iPhone in China:
The release of the iPhone in China could turbocharge overseas growth for what is already Apple’s fastest-growing product. China is the world’s largest mobile market by subscribers, with some 687 million subscribers. That compares with more than 270 million subscribers in the U.S.
The iPhone hasn’t sold as well in some markets as in the U.S. In Japan, for example, the Apple brand isn’t as strong, and regular mobile phones offer many of the same features.
In China, however, touch screens are hot, and there are already a number of popular models that have no keypads. The Apple name has value as a status symbol, and Internet usage through cellphones is increasing.
See also “In China, Apple enters crowded mobile market” from zdnet.