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Without iPhone exclusive, China Unicom now turns to low-cost handsets

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There is a surge of demand for low-cost smartphones in China. Latest to ride the wave: local carrier China Unicom, which lost its exclusive deal to sell iPhones in 2012.

Apparently, the shift toward inexpensive phones is paying off, the company reporting a 55 percent jump in profits for the first half of 2013.

While there is still room for high-end smartphones, vast growth is seen selling inexpensive handsets to emerging markets, such as China and India. Apple could unveil a plastic iPhone aimed at first-time smartphone owners and still make “decent profitability” one analyst said Thursday…... Read the rest of this post here


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