Apple CEO Cook says company will increase investment in China

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Tim Cook astatine  WWDC 2024Apple CEO Tim Cook speaking during the WWDC 2024 lawsuit successful Cupertino, California, US. (Express Image/AP/PTI)

Apple CEO Tim Cook said astatine a gathering with the Chinese authorities successful Beijing that the U.S. institution volition summation concern successful China and thereby lend to proviso concatenation development, authorities quality bureau Xinhua reported connected Thursday. Cook met Minister for Industry and Information Technology Jin Zhuanglong connected Wednesday, the ministry antecedently said.

Apple did not instantly respond to an emailed petition for comment.

This is Cook’s 2nd travel this twelvemonth to the world’s biggest smartphone marketplace where, successful caller quarters, the iPhone shaper has been losing marketplace stock to home rivals.

“Apple is keen to prehend the opportunities presented by China’s opening up and volition proceed to summation its concern successful the country, frankincense contributing to the high-quality improvement of the concern and proviso chains,” Cook was quoted arsenic saying by Xinhua.

Topics discussed astatine the gathering included Apple’s improvement successful China, online information information absorption and unreality services, Xinhua reported.

Festive offer

Jin told Cook that helium hoped Apple would deepen its beingness successful China, summation concern successful innovation, turn with Chinese companies and stock the dividends of high-quality development, the Ministry of Industry and Information Technology said successful a connection connected Wednesday.


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