Apple will open its first store in Hong Kong store in the country’s central IFC shopping complex in the third quarter and has plans to open a third store in Shanghai by the end of the year, reports “Reuters” (

Apple currently has four stores on mainland China. The company wants more growth in China via the expansion of its Apple Store network and the “roll out of cheaper iPhones,” says “Reuters” (although Apple has nothing officially about cheaper iPhones).

— Dennis Sellers