Category Archives: china

Tim Cook talks Apple Pay, Apple Watch and security on final day in China

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On the final day of Tim Cook’s four-day visit to China, he told state news agency Xinhuanet that Apple Pay was top of the list of things the company wanted to take to China.

“China is a really key market for us,” said the CEO. “Everything we do, we are going to work it here. Apple Pay is on the top of the list.”

Cook said that Apple would be working to understand the steps needed to bring the new service to China before meeting with local carriers, banks and merchants …

Cook also said that people would find the Apple Watch to be a must-have product.

“We are going to wonder how we ever lived without it,” said Cook, “That’s the real test of a great product: you wonder how you live without it. And I think that’s going to happen to the Apple Watch.”

Asked about Wednesday’s meeting with Chinese premier Ma Kai, in which Cook is believed to have delicately raised the issue of an iCloud phishing attack alleged to have involved the Chinese government firewall, the Apple CEO said only that the discussion had been “very open,” “fascinating” and “impressive.”

It was also revealed that the iPhone worker he spoke with at the Foxconn factory had been taking part in Apple’s Supplier Employee Education and Development (SEED) program, in which employees are offered free courses in English, computing and other topics.

Photo: NBC


Filed under: AAPL Company, Apple Watch Tagged: Apple, Apple pay, Apple watch, china, Cook, Foxconn, icloud, iPhone, Ma Kai, Tim Cook, Xinhua News Agency

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Foxconn hoping to make future iPhone screens, get more of the Apple pie

File photo of employees working inside a Foxconn factory in the township of Longhua

iPhone assembler Foxconn is apparently hoping to move beyond its relatively low-margin work into more profitable high-end component manufacturing in order to take a bigger slice of revenue from Apple, reports the WSJ.

Apple Inc.’s major assembler Foxconn is in preliminary discussions with a provincial government in northern China for an investment in a new factory that would make high-end screens for iPhones and other mobile devices, people familiar with the talks say.

Foxconn already manufactures some iPhone components, but currently only low-margin ones like metal casings and cables … 

Sharp, Japan Display, LG and Samsung have been Apple’s main display suppliers in recent years.

“Foxconn hopes to capture the growing demand for high-resolution, energy-efficient displays and supply Apple and other smartphone makers in the next few years,” said a person familiar with the situation.

The report cautions that Foxconn Chairman Terry Gou is known for talking-up the company’s prospects, and that it is “unclear” whether Apple has been consulted on the idea. Tim Cook visited one of the company’s factories during his current visit to China, but there has been no indication of any talks on the topic.


Filed under: AAPL Company, iOS Devices Tagged: Apple, china, Foxconn, iPad, iPhone, iPhone 6, japan display, lg, Samsung, Sharp, Terry Gou, Wall Street Journal

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Apple to grow retail stores in China from 15 to 40 within two years, says Cook

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shanghai-apple-store

Tim Cook noted during Monday’s earnings call that Apple was “investing like crazy” in China, but he took the opportunity of his current visit to the country to put a specific number on the company’s retail expansion plans: it will open 25 new Apple Stores in Greater China within the next two years. Greater China includes both Hong Kong and Taiwan.

Speaking to local media, Cook also said that China would in time become Apple’s biggest market, reports the WSJ … 

The paper was able to confirm with Apple that Cook said:

In the future China will become Apple’s biggest revenue contributor. It’s just a matter of time.

Bloomberg noted that Apple’s Q4 results show that Greater China currently makes up 14% of Apple’s revenues. Chief financial officer Luca Maestri described demand from China as “off the charts” and Cook described the country as “an enormous market where there are more people graduating into the middle class than any nation on Earth in history.”

Cook’s visit to China began with a meeting with the country’s vice premier to discuss information security after the recent icloud.com phishing attack which was reported to have been orchestrated by the Chinese government. He followed this with a visit to an iPhone factory, which he described as “an early highlight” of the trip.

The Apple CEO is due to attend meetings at Beijing’s Tsinghua University, where he is a member of the advisory board for the School of Economics and Management. Facebook CEO Mark Zuckerberg, also in China at present, has recently joined the same board and is likely to be attending some of the same meetings. Cook also indicated that he may be meeting with local firms Baidu and Alibaba during his trip.

Filed under: AAPL Company Tagged: Apple, Apple China, Apple retail stores, Apple Store, Apple Stores, Beijing, china, Cook, Greater China, Hong Kong, iPhone, retail stores, Tim Cook, Tsinghua University

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Apple to grow retail stores in China from 15 to 40 within two years, says Cook

shanghai-apple-store

Tim Cook noted during Monday’s earnings call that Apple was “investing like crazy” in China, but he took the opportunity of his current visit to the country to put a specific number on the company’s retail expansion plans: it will open 25 new Apple Stores in Greater China within the next two years. Greater China includes both Hong Kong and Taiwan.

Speaking to local media, Cook also said that China would in time become Apple’s biggest market, reports the WSJ … 

The paper was able to confirm with Apple that Cook said:

In the future China will become Apple’s biggest revenue contributor. It’s just a matter of time.

Bloomberg noted that Apple’s Q4 results show that Greater China currently makes up 14% of Apple’s revenues. Chief financial officer Luca Maestri described demand from China as “off the charts” and Cook described the country as “an enormous market where there are more people graduating into the middle class than any nation on Earth in history.”

Cook’s visit to China began with a meeting with the country’s vice premier to discuss information security after the recent iCloud.com phishing attack which was reported to have been orchestrated by the Chinese government. He followed this with a visit to an iPhone factory, which he described as “an early highlight” of the trip.

The Apple CEO is due to attend meetings at Beijing’s Tsinghua University, where he is a member of the advisory board for the School of Economics and Management. Facebook CEO Mark Zuckerberg, also in China at present, has recently joined the same board and is likely to be attending some of the same meetings. Cook also indicated that he may be meeting with local firms Baidu and Alibaba during his trip.


Filed under: AAPL Company Tagged: Apple, Apple China, Apple retail stores, Apple Store, Apple Stores, Beijing, china, Cook, Greater China, Hong Kong, iPhone, retail stores, Tim Cook, Tsinghua University

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Tim Cook meets with Chinese vice premier in Beijing following iCloud phishing attack

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Two days after evidence emerged of a phishing attack on iCloud, allegedly due to the Chinese government firewall redirecting traffic to a fake login page, the Chinese state news agency Xinhuanet is reporting a meeting in Beijing between Tim Cook and Chinese vice premier Ma Kai.

Chinese Vice Premier Ma Kai and Apple Inc. CEO Tim Cook on Wednesday exchanged views on protection of users’ information during their meeting in Zhongnanhai, the central authority’s seat. They also exchanged views on strengthening cooperation in information and communication fields.

The Chinese government censors access to the Internet by deploying a country-wide firewall which blocks certain sites and which can redirect traffic from sites the government dislikes to officially-sanctioned ones …

While Apple did not specifically acknowledge claims that it was the government firewall which redirected icloud.com traffic to a fake website, the company posted a support document in which it said it was “aware of intermittent organized network attacks using insecure certificates to obtain user information.”

The conversation between the two would doubtless have been couched in the most polite of diplomatic terms, but would still have made very interesting listening …

Cook last month reiterated the company’s commitment to user privacy and security following leaks of nude photos of celebrities, some of which appeared to have been obtained from iCloud. A combination of phishing emails and weak security questions were the attack methods used. Apple reintroduced two-factor authentication for iCloud.com in response, with app-specific passwords also required from the beginning of this month.


Filed under: AAPL Company Tagged: Apple, Apple China, Beijing, china, Chinese government, icloud, iCloud phishing, iPhone, phishing, Tim Cook, Zhongnanhai

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