Retail in Asia

In Shops

Is Apple opening up more stores in China?

Apple is looking to open flagship stores in the major Chinese cities of Chengdu and Shenzhen, government officials said on Wednesday, while it continues to fight a Chinese company over the use of the iPad trademark.

Opening stores in Shenzhen and Chengdu will be a big boost for Apple’s China business, which currently has only five stores on the mainland, three in Shanghai and two in Beijing.

In April, Apple reported quarterly profit that almost doubled after a jump in iPhone sales, particularly for the greater China region.

(Source: CNBC)