Tue, Jul 30, 2013 11:37 AM EDT 1:07
With Apple's market share in China under pressure, CEO Tim Cook seems to be taking a renewed focus on hammering out a deal with China Mobile to carry the iPhone. Cook is in China this week and will likely meet with executives from China Mobile "in the coming days" to talk about bringing the iPhone to the world's largest mobile carrier. Taiwan's HTC Corp said it expects revenue to fall as much as 30 percent. A delayed launch for the much-hyped HTC One has highlighted the company's struggles against dominant smartphone makers Apple and Samsung and giving the company a weak outlook for profit margins. Apple hasn?t yet announced a low-cost iPhone, let alone plans to build one. But the company is indeed working on one, according to a human-rights-group that recently infiltrated a factory operated by one of its manufacturing-partners.