China's AutoNavi (AMAP +3.3%) is one more company moving due to Apple's mapping/navigation...

|About: AutoNavi Holdings (AMAP)|By:, SA News Editor

China's AutoNavi (AMAP +3.3%) is one more company moving due to Apple's mapping/navigation announcements. Goldman says it believes AutoNavi, rather than TomTom (previous), will supply iOS mapping data and location services in China. The firm points out Apple and TomTom don't have local map data/service licenses, and checks indicate AutoNavi's maps are already used in the Chinese beta version of iOS 6. Also, Apple has already struck deals with many Chinese service providers.