Aug 13
Chinese mobile provider Unicom is getting ready for the debut of the iPhone in that country. The company has purchased five million handsets from Apple for 10 billion yuan ($1.46 billion)–roughly 2,000 yuan ($293) per unit.
The company is expecting to price the phones at 2,400 yuan for 8GB and 4,800 yuan for 16GB. Unicom and Apple have yet to reach a final agreement, however.
The country already has its share of illegal iPhones, which sell for 400 to1000 yuan–far cheaper than the prices expected for the forthcoming legal counterparts.
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