Rumor: Sina to Operate Samsung App Store in China

The Beijing News, 5/10/11

An industry insider claimed yesterday that Chinese Internet company Sina (Nasdaq: SINA) and Samsung have formed a partnership under which Sina will operate the Samsung Apps mobile application store for mainland China. Sina plans to transfer the operating rights to 1000CHI Software Technology, a mobile phone download client developer backed by Sina investment.

A spokesperson for Samsung China said that the move is part of Samsung's plan to encourage development of localized mobile applications. Sina's mobile applications will be pre-installed on Samsung handsets. Both sides, however, declined yesterday to release any details of the partnership.

Editor's Note: A representative for 1000CHI confirmed in a telephone interview with Marbridge Consulting that the company has received funding from Sina, but declined to reveal a specific figure.

Keywords: Samsung mobile application wireless app store pre-installed Sina 1000CHI localization

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily