What Companies Can Learn from Apple's iPhone Success in China at Golden Networking's China Biggest Business Conference

New York, NY, September 28, 2010 --(PR.com)-- China Unicom (Hong Kong) Ltd. said its supply of Apple Inc.'s iPhone 4 handsets is insufficient to meet user demand but that it will increase its supply as quickly as possible. Experts will provide insights on what companies can learn from Apple's iPhone success at Golden Networking's 2nd China Leaders Forum, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?" (http://www.ChinaLeadersForum.com), October 6th, New York City.

It was reported in The Wall Street Journal that "the latest version of Apple's popular smartphone was widely awaited in China and could help Unicom attract more users to its third-generation mobile services, which are more expensive but offer faster data speeds than typical services. Unicom, the only network operator in China to offer the iPhone, is competing with rivals China Mobile Ltd. and China Telecom Corp. to build its 3G subscriber base. An Apple spokeswoman said more iPhones will be available soon and that customers should check online or with local stores regarding availability."

"The faster start to iPhone 4 sales comes as Apple has started shortening the time between introducing its devices in the U.S. and China. The iPhone 4 went on sale in China about three months after its introduction in the U.S. and several other countries in late June. That compares with a lag of 28 months between the original iPhone's U.S. introduction and the first authorized iPhone sales in China, and a gap of more than five months for the iPad, which went on sale in China earlier this month. Apple is looking to increase product sales and promote its brand by opening more of its retail stores in China. It opened two stores over the weekend, doubling its total in the country, as part of plans to add a total of 25 by the end of next year."

2nd China Leaders Forum is produced by GoldenNetworking.net (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez.

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