Apple Inc., the American tech giant, has recently implemented a new policy requiring new app developers to provide proof of a license from the Chinese government before their apps can be released on the Chinese app store. This move aligns Apple with local competitors that have been adhering to similar regulations for years to comply with stringent state requirements.
Here are the key points regarding Apple's new policy:
ICP License Requirement: Apple now demands that app developers submit an Internet Content Provider (ICP) license when publishing new apps on its app store in China. This requirement was introduced last Friday.
ICP Registration System: The ICP registration is a regulatory system that necessitates websites to register and operate legally in China. Many local app stores, including those managed by Tencent and Huawei, have enforced this requirement since at least 2017.
Hurdles for Foreign Developers: Obtaining an ICP registration license typically entails having a company established in China or collaborating with a local publisher. This has posed challenges for many foreign app developers, as it involves navigating complex regulatory procedures.
Apple's decision to align with local regulations reflects its commitment to complying with Chinese authorities' demands and ensuring that its app store operates within the confines of the country's regulatory framework.
In addition to this policy development, Apple recently released its quarterly earnings report, surpassing market expectations. Despite a 1.4% decrease in revenue for the quarter ending on July 1st, with revenue totaling $81.8 billion, the report revealed a 5% increase in earnings per share to $1.26 compared to the previous year. This indicates that Apple continues to perform strongly in the global market, even as it adapts to local regulatory requirements in countries like China.