TAIPEI, Nov 15 (Reuters) – Chunghwa Telecom Co, Taiwan’s biggest phone company, has secured the right to sell AppleInc’s 3G iPhone on the island starting from next month, a newspaper reported on Saturday.
Chunghwa Telecom, which has signed a contract with Apple (nasdaq: AAPL), would be the sole seller of the iPhone in Taiwan, the Chinese-language Economic Daily cited unidentified sources as saying. It did not give a price or sales targets.
Apple rolled out the iPhone in more than 20 countries in July and has set a target of selling 10 million of it this year.
The report comes as Chunghwa Telecom is facing growing competition from smaller rivals and as the slowing global economy has hurt consumer spending on computers, cellphones and other consumer gadgets.
Chunghwa Telecom’s October sales reached T$15.4 billion ($465 million), up a slim 0.6 percent from a year ago. Its sales totalled T$155.5 billion in the first 10 months of the year, almost flat from the year-earlier period.