|  Home   |  Forums   |  News   |  Blog   |  Reviews   |
 Satellite   Digital TV   IPTV   Cable   HDTV   Computers   Apple   Games   Mobile Phones   Broadband   Internet   Security   Telecoms   USB   VoIP   Wireless   Science 

August 6, 2010

Apple ready to splash cash in China

Bookmark and Share

by Janet Harris

Cash rich Apple is believed to be looking to invest in China for the first time, with talks reported to be ongoing with Handseeing Information Technology company, a Chinese mobile internet game developer and mobile ISP.

Apple was recently reported to have a cash pile of around $46 billion and is looking for new markets in which to spend some of it, including China’s huge mobile Internet sector.

There are rumours that Apple could spend around $150m on Handseeing, which would hardly dent its funding pot.

Handseeing has research and development centres in Chengdu and Suzhou and its main technology is RIA high-end Application Engine.

Story link: Apple ready to splash cash in China

Discuss this in the Techwatch Forums

Special offers on iPhones

Related news to "Apple ready to splash cash in China"

No Comments »

No comments yet.

Leave a comment

Connect with Facebook

Previous: «
Next: »

Tags: ,

Visited 1198 times, 1 so far today