China has become Apple's second-largest market behind the U.S., with revenues increasing almost four times year-over-year for this past quarter, CEO Tim Cook says.
Apple has as yet to launch its new iPhone 4S in China, but the device is already selling in Beijing's gray market at whopping prices of up to about $2,000.
While Apple's iPad reigns as the top-selling tablet in China, half of the sales for the iconic device have come from unauthorized resellers, according to a Beijing-based research firm.
The maker of Fruit Ninja has big hopes for China, and aims for the hit game to reach an additional 70 million downloads in the country over the next six months.
Foxconn, the maker of electronics equipment including Apple's iPhone, said a fire broke out on Tuesday at one of the company's facilities in China. No injuries were reported.
Apple held talks with Chinese environmental groups earlier this month after the U.S. tech giant was criticized for using manufacturers accused of polluting the environment in China.
The opening of the Shanghai store -- along with Saturday's Hong Kong opening -- brings the number of Apple Stores in China to six.
Apple plans to open its first retail store in Hong Kong later this quarter, according to a company spokeswoman.
Apple wants to meet with a Chinese environmental group that accuses the company's suppliers of polluting the environment.
Environmental groups in China criticized Apple on Wednesday, alleging that it is employing suppliers that are damaging the environment and threatening the lives of residents
The Chinese city of Kunming has stopped 22 fake Apple stores from illegally using the company's iconic trademarks after Apple lodged a complaint with authorities.
HTC has invested in Beats Electronics, a U.S. headphones company rap artist Dr. Dre helped found, as part of a move to improve the audio on its smartphones.
Foxconn, the maker of Apple's iPhone and iPad, plans to rely more on robots for manufacturing over the coming years, allowing the company to invest more in research and development and save on labor costs.
Apple's iPad continues to reign as the top-selling tablet in China while rival Android devices from Motorola, Lenovo and Asus struggle to gain a sizeable presence in the country's market, according to a Beijing-based research firm.
Apple believes it is just "scratching the surface" of the Chinese market, as the company's revenue from the country for its fiscal third quarter increased by more than six times from the year-ago quarter.