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Cellular News is reporting that the iPhone is shortly due to launch ‘officially’ with China Mobile:

China Mobile is expected to officially launch the Apple iPhone on its network shortly - but with some of the functionality removed to comply with Chinese regulations. The South China Morning Post, citing a report from the Daiwa Institute of Research said that the 3G and Wi-Fi services would be disabled on the Chinese model.

Apparently Apple is not insisting on revenue-share any more. One assumes they want to sell as many iPhones as possible to the estimated 28 million Chinese who’re up for buying one.

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