After 8 years of trying and waiting, Research In Motion (RIM), a Canada-based company, finally received governmental approval to sell its popular BlackBerry mobile email device in China. China could be a better market for RIM as compared to US and Europe due to the launch of iPhone and other competitors in these developed markets.
RIM is interested in delivering BlackBerry service to corporate customers in key cities such as Beijing, Shanghai and Guangzhou. RIM, in a partnership with China Mobile, expects to start selling its 8700g handset in by the end of next month for a price of about $700. It has already received approximately 5,000 presale orders.