Apple is continuing it's rapid global retail expansion this fall as the company is readying its first major retail location in Hong Kong. Given Apple's surging popularity across Asia, the move into Hong Kong not only seems like a well-advised move, it also stands to be a highly profitable one for Apple.
According to published reports surfacing Friday, the store planned for Hong Kong will be an exceptionally large, two-story facility that will be housed inside the highly-trafficked International Finance Center (IFC) Mall. Estimates peg the value of the 15,000-square-foot construction at $20 million.
There is, however, some concern as it pertains to staffing the new location with qualified personnel. "A recruitment drive is underway but the store seems to be having problems recruiting people," MICgadget reported. "There is not enough qualified people, and in Hong Kong, all the qualified ones are either rich or getting paid more elsewhere."
For now, the forthcoming development is being referred to as a major flagship for Apple, as it will join other major US and international cities that presently enjoy having an Apple store. Apple has similarly opened "flagship stores" in places like Boston, NYC, Chicago, Tokyo, Osaka, London, Sydney, San Francisco, Perth, Montreal, Munich, Zurich, Paris, Beijing, Glasgow, Honolulu and the gargantuan structure in Shanghai.