A new report claims that the ongoing negotiations between Apple and China Mobile are making some headway.

China Mobile and Apple have decided to rely upon handset subsidies to bring Apple’s iPhone to China, reports China Communications quoting an insider close to China Mobile. The would-be mobile partners are nearing the end of talks that aim to avoid passing on the relatively high price of iPhones to Chinese consumers by having Mobile subsidize the phones, said the insider. Subsidizing
The new plan is intended to replace revenue sharing models that left earlier talks at a stalemate. China Mobile president Wang Jianzhou initially revealed iPhone negotiations in November, 2007.
Many rumors regarding this have circulated for awhile now, but this seems the most concrete bit of news to come out of this development, and would open a huge new market for the iPhone and its 1+ billion population.
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