Scratched iPhones Cause Supply Shortage

Apple Inc.’s iPhone 5 supply shortfall is being exacerbated by a quality-control crackdown at Foxconn Technology Group that’s designed to cut the number of devices shipped with nicks and scratches, according to a person familiar with the matter.

China Begins Privatization Push
53:27 - China is continuing to overhaul its bloated state-owned enterprise sector with a share sale at its second largest mobile carrier. Tech leaders Tencent and Alibaba are among those buying the 35% stake in China Unicom. Bloomberg's Stephen Engle and Tom Mackenzie report on "Bloomberg Markets: Asia." (Source: Bloomberg)
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