Apple Adds China Telecom to Host User Data Amid Security Concern By Jing Cao Aug 15, 2014 10:05 PM GMT+0200 Aug. 15 (Bloomberg) -- China Mobile will cut $2 billion from the subsidies that help consumers pay for smartphones from Apple and Samsung. Former Google China Executive Crid Yu and Bloomberg Contributing Editor Paul Kedrosky discuss on “Bloomberg West.” (Source: Bloomberg) Apple Inc. (AAPL) is shifting mainland Chinese users’ data to servers run by China Telecom (728) Corp., a move that may address concern by government officials that the information could be a security vulnerability. The data is encrypted, so state-controlled China Telecom, the country’s third-largest wireless carrier, won’t be able to access it, Cupertino, California-based Apple said in an e-mailed statement. Apple’s iCloud service lets users store contacts, e-mails, photos and other personal information on external systems they can access virtually. “Apple takes user security and privacy very seriously,” the company said. “We have added China Telecom to our list of data center providers to increase bandwidth and improve performance for our customers in mainland China.” The maker of the iPhone and iPad is counting on more growth in the world’s most populous nation, even as Chinese government scrutiny of U.S. technology companies has intensified. Sales from the Chinese region, including Hong Kong and Taiwan, made up 16 percent of Apple’s $37.4 billion in revenue last quarter, according to data compiled by Bloomberg. IPad sales in the country increased by 51 percent and Mac sales by 39 percent, Chief Executive Officer Tim Cook said July 23.bloomberg/news/2014-08-15/apple-adds-china-telecom-to-host-user-data-amid-security-concern.html?alcmpid=markets
Posted on: Sat, 16 Aug 2014 09:42:13 +0000
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