THE WRAP: Another Apple record, Google on the edge

Robert Clark
02 Jul 2010

This week another sales record for Apple, as Google stepped back from the edge in China.

Apple set another record as it sold 1.7 million iPhone 4s in three days. Consumers weren’t all happy, however, filing three lawsuits over the phone’s antenna problem.

Google stopped re-directing China search queries directly to Hong Kong and instead put them on a landing page. Google’s China license expired on June 30 but it says its mainland China search services today are “mostly accessible.”

Neither Google nor any other foreign company made the list of 23 approved online mapping providers in China.

Vietnam’s Ministry of Information and Communications (MIC) called for foreign investors to be allowed to buy up to 30% of telcos.

China Mobile paid HK$175 million ($22.5m) to get hold of Hong Kong mobile TV spectrum, while boss Wang Jianzhou said the company was more focused on the domestic market than foreign M&A.

Asia is now the world’s largest source of tweets, accounting for 37% on one day recently.

Apple chief Steve Jobs admitted it was impossible to be certain that products didn’t contain “conflict minerals” from the Congo.

Japan’s tax agency has told Yahoo Japan – 39% owned by Softbank – that it owes 26.5 billion yen ($303m) in taxes over its acquisition of Softbank’s data center business.

Contract manufacturer Foxconn said it would move its main operations to Hebei in north China. After hefty pay rises to staff at its troubled Shenzhen factories, it warned of increased losses in the first half.

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