The cyber security war paused thanks to Apple (NASDAQ:AAPL)
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Everything dates back to Apple (NASDAQ:AAPL) removing China from the list of countries from the iPhone 6 launch list. Last week however, the tech giant announced the date of launch in China. With unexpected delays, Apple (NASDAQ:AAPL) couldn’t add China into the list of Asian countries to target its new smartphones in its launch. With issues finally resolved, Apple (NASDAQ:AAPL) announced that the launch in china is to be held onOctober 17.
The saga continues with Apple (NASDAQ:AAPL) aiming on pre-orders for the launch a week before they are available in the country. A report on the matter stated that the iPhones will cost around 5,288 Yuan which is around $860 USD. This price is much higher than in the US however, customers will have to wait and see if China telcos offer prices that are lowered with multi-year contracts.
Reports are buzzing about why the tech giant didn’t incorporate China into its list of countries to initially target the iphone.
Now after the announcement the whole tech market is ongoing about how the launch will serve in quelling the cyber war.
Apple (NASDAQ:AAPL) however, is more interested in doing successful business in the country with a clear statement on the prior matter that they will not spy in China. The company is engaged in getting its launch set up and after the Chinese Golden Week holiday news on new pricing plans will soon follow.
Customers are already anticipating discounted contracts with various retailers over a period of certain commitment years thus seeking convenience. The delay in the launch is what everyone is thinking about however. It all started with Washington forbidding networking equipment from Chinese manufacturers. There isn’t much of an explanation for the regulatory delay that the company was facing apart from the war of words in the cyber security debate.
Yet, the main issue was the company using systems outside of China to store data for users. Regulators were worried about the ease for hackers to gain access into this Chinese user data. Apple (NASDAQ:AAPL) however, satisfied this concern by promising that data of iPhone users will not be used for any sort of spying, or purposes which are unethical. This could also be due to the fact that Apple (NASDAQ:AAPL) secured systems had been hacked into before.
If the iPhone were to miss out on the Chinese market altogether from the iphone launch then major tensions between the US and China could have erupted which obviously wouldn’t be healthy for any of their economies.
Beijing must have decided that the company was concerned only to reap profits and wasn’t aiming to participate in the war of words about cyber security.
Thus the approval which China gave for the iPhone 6 shows that Beijing wants to prevent this war with the US to seep into this lucrative industry. Thus smartphones probably won’t get pushed into the war between China and the U.S. government. Apple (NASDAQ:AAPL) is only too happy to leave politics out of its business.