T.C. Gou may open 100 stores in China to sell Apple products
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T.C. Gou may open 100 stores in China to sell Apple products

T.C. Gou, whose brother is is chief at Apple supplier, Foxconn Technology Group, plans to open 100 stores to sell Mac computers and iPod music players in China, reports "Bloomberg" (http://www.businessweek.com/news/2010-06-14/foxconn-chief-s-brother-plan...).

Gou’s Cheng Uei Precision Industry Co. jumped its 6.9% limit in Taipei trading after the company confirmed plans to open its first Apple retail outlet in Shanghai by the end of 2010. Taipei-based Cheng Uei aims for 100 stores in China within three years, investor relations spokesman T.P. Liu told "Bloomberg."

The component-maker’s plan may help Apple add market share in China, where retail sales jumped 18.7% in May and which is forecast to be the biggest computer market by 2013, the article. Foxconn is an assembler of iPhones and was founded by Terry Gou.

 

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