According to a report published by Digitimes, Cybermart, which happens to be a subsidiary of Foxconn, has been granted retail permission from Apple for selling its products, as a first-grade distributor, starting April 2011 in the Greater China area.
Cybermart International currently operates around 34 stores in the Greater China area and it has plans for opening up 7-8 more stores in this year alone.
Cybermart chairman Steve Chang has said that the company plans to open up to 500 Apple licensed retail stores in China, Hong Kong and Taiwan, while the first store is said to be inaugurated on April 1, 2011.
This piece of news is significant for a fact because Foxconn happens to be the largest product manufacturer for the Cupertino, California based company. Apple has already established its market in China and neighboring regions, and now following the launch of more stores in the near future, Apple is bound to see more consumer interest particularly in the Greater China area as well.
Via 9to5mac