China Unicom Buys 5 Million iPhones From Apple

Chinese telecommunications company China Unicom has just ordered about 5 million iPhones from Apple indicating that the device will be selling in China very soon.  China Unicom bought 5 million iPhones at the price of $1.46 billion.

The iPhones which will be powered on WCDMA networks without WiFi ccosted 2,000 yuan ($293) each.  “The price of the 8G standard iPhone is set at about 2,400 yuan and the 16G may be sold at 4,800 yuan,” stated China Unicom General Manager of Customer Development Yu Zaonan.

Rumor has it that the Apple and China Unicom deal will run for about 3 years.  The AT&T and Apple deal is going to expire in 2011.

[via AppleInsider]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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