Apple Inc.(NASDAQ:AAPL) may hold its MFI program for
partners in Shenzen, China according to Tech Crunch, which attributed the
report to a source close to Apple's accessory manufacturing partner.
The MFI or Made For iPod/iPhone/iPad (MFI) program is
scheduled to be held on November 7 and 8. Last year it was held between
December 7 and 9, after it had expanded the program to promote adoption of new
AirPlay and Bluetooth Standards.
iLounge had first reported earlier this month that the
conference for MFI partners was planned for November with some new rules.
Tech Crunch said that one of the new rules was that
"Apple’s Lightning pin supply is controlled by the company itself, and it
supplies approved MFI partners with production quantities of the pin once their
product is determined to have met its standards and specifications."
According to the report the company sells them in
volume and it quoted the source as saying that the pricing was actually very
fair considering the advanced technology involved in the connector’s
construction."
The report added that while regulation of sales by
apple was not surprising, pirated copies by Chinese engineers were still likely
to make their way into the market, "but that using their products in
accessories could incur legal action or goods being confiscated by customs
authorities at border checkpoints."
Of course to safeguard customers from low quality
copies from the company has taken adequate security measures but there is evidence
that some companies are ready to create "off-brand Lightning cables at
prices that undercut Apple’s, as one of our tipsters was able to negotiate a
quote for volume orders of the same at between $10 and $12 per piece, with an
estimated ship date for later this month."
Shares of AAPL are down 0.77% to $645.04.
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