Find in the news:
BY COUNTRY

Apple opens new store in China



The new store opened by Apple in Hangzhou is the first of five the company plans on opening prior to the February 19 Chinese New Year.
102779052.jpg



This forms part of its expansion plans of 25 stores over the next two years.


The company launched its ‘Westlake’ store, so named because of a body of water which can be found in the center of the capital. The launch included a video explaining their work with a local calligrapher and a Tweet from the company’s chief executive, Tim Cook, stating that something new is starting in Hangzhou, China.


The company’s expansion plans in ‘tier two’ cities in China is continuing regardless of the reported deal which will give Beijing officials permission to do ‘security checks’ on all Apple’s products sold in China. This may result in allowing officials to gain access to Apple’s operating system course code. A recent visit by the chief internet regulator in China to the company’s California campus indicates the importance placation of the regulators could have for the future growth of the company.


The recent quarterly growth of Apple in China has been hampered by product launch delays, which were caused by regulatory problems, competition from Xiaomi and others, and a delay in the link with China Mobile. Apple has changed the method used to break down its income. For now, ‘retail’ is categorized separately to other regional sales from third-party and online sellers.


Company officials and analysts are projecting that China could become Apple’s largest growth market, particularly in view of the slowing down of US and European sales, due to a saturated market. It is expected that Apple will announce that it has sold more iPhones in China than in the US over the past year. This would be a historical first for the company.


China is experience fast growth in the mobile market, but it is not alone. Ericsson has predicted that global mobile subscriptions will increase from 6.8 billion during 2014, to 9.2 billion during 2019, with a huge portion of the growth being from India and China. It is stated that the top five countries were responsible for 50% of all net mobile additions during 2014s first quarter, with India as the leader showing figures of 28 million, and China in second place with 19 million.


The strategy used by Apple in India has remained confused thus far. They opted to sell an older iPhone version, which is quite incompatible with its newest operating system. This resulted in frustration for the wealthy globe-trotting Indian users it was targeting. The laws in India related to purchasing materials from domestic manufacturers have hampered the opening of an Apple store in India. The country’s low per-capita income implies that most of the population cannot afford an iPhone or is unlikely to be able to do so in the future.


However, this does not apply to China. Smartphone sales are starting to ebb, but users are able to upgrade to iPhones.  

More about shopping malls in China



Jul 29, 2021, USA:
Tesla stores are leaving mallsThe electric car maker is taking another blow to the position of malls that are losing tenants one-by-one.
Jul 29, 2021, Estonia:
The initial value of the 55,000 sq.m. complex is €85 million.
Jul 28, 2021, United Kingdom:
Two years after Philip Morris announced its plans to expand the British chain, it has become known of its intention to close it completely.
Jul 28, 2021:
Those who have not been vaccinated will not access public spaces, such as government offices, restaurants, and shopping malls.
Jul 27, 2021, United Kingdom:
The chain of luxury department stores, founded in 1909, may change ownership.
Jul 20, 2021, USA:
LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
Friend
and Follow
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us