Apple to open 33rd store in China

Apple (NASDAQ:AAPL) has announced that it will open its 33rd store in China on January 31, making it the fifth new store in one month in China.

The brick-and-mortar store will be Apple's first in Qingdao, a major port and industrial center that is home to China's largest Korean population, reported 9to5Mac. Qingdao is also a major tourist destination.

The store will be located inside a mall, which hosts more than 400 stores and restaurants in the Shinan District.

China recently overtook Europe as the second-largest market for Apple stores behind the United States. President Tim Cook says that eventually China will be the largest market.

Although Apple recently released a redesign of its online store as part of shift to focus on digital sales by head of retail Angela Ahrendts, it hasn't stopped the company from physical expansion.

For more:
-See this 9to5Mac article

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