China Mobile Announces Big LTE Push, No Progress on iPhone Negotiations
However, China Mobile says there has been "no progress" to report in negotiations with Apple.
While China Mobile has been in talks with Apple for years over a potential deal to offer the iPhone, Chief Executive Li Yue said that there had been "no progress" to report. In January, Mr. Xi met Apple Chief Executive Tim Cook in Beijing and discussed cooperation, raising expectations that China Mobile would soon begin offering the iPhone.China has accounted for much of Apple's recent record growth, and Tim Cook has traveled to China several times to meet with China Mobile representatives to make a deal.
China Mobile would be a key partner for Apple, which faces fierce competition from Samsung Electronics and other rivals offering smartphones powered by Google Inc.'s Android operating system.