Apple plans to open Hong Kong store later this quarter

Apple will soon have five stores in China

Apple plans to open its first retail store in Hong Kong later this quarter, according to a company spokeswoman.

It will be the company's fifth Apple Store in China: There are already two in Beijing and another two in Shanghai.

The new store will be located in Hong Kong's IFC mall.

Apple did not say when the store will open, although media reports have said it will open on Sept. 24.

China has been a fast growing market for Apple. In previous quarters, revenue and iPhone sales in the country have boomed, according to statements made by the company's CEO Tim Cook. Demand has been so high that fake Apple stores have appeared in the country, with unauthorized sellers using the company's logo to decorate their shops.

In the past Apple has spoken of opening 25 stores in China, but so far it has expanded at a slower pace. Aside from the company's own stores, Apple also sell its products through authorized resellers across China.

Apple is also planning on opening an additional store in Shanghai, which will be the company's largest in China. Apple has yet to say when that store will open.

Tags Appleconsumer electronicsretailindustry verticals

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Michael Kan

IDG News Service

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