News Summary: China deal could pep up iPhone sales

News Summary: Tie-up between Apple and China's biggest phone carrier might pep up iPhone sales

Associated Press

CHANCE FOR BOOST: Apple Inc. might have a chance to pep up cooling iPhone sales in China if it finally can reach a deal with the world's biggest phone carrier.

SIGNS OF DEAL: After a yearslong courtship, there are signs the two corporate giants might finally be edging toward a deal. On Monday, China Mobile's website was taking orders for a mystery phone called "Ming Xing," or Bright Star. It showed a handset silhouette like that of an iPhone but gave no brand name.

STIFF COMPETITION: Once China's must-have gadget, the iPhone has seen its explosive popularity squeezed as the market filled with lower-priced rivals. A deal would give Apple access to China Mobile Ltd.'s network and a new pool of potential customers.

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