As foreign investment slows and the confrontation between the US and China over tech increases, the Chinese Minister of Industry and Information Technology, Jin Zhuanglong, invited Apple (AAPL, Financial) to increase its investment in innovation within China. When meeting Apple CEO Tim Cook recently, Jin stressed Apple’s position in China’s technology chain, encouraging the company…
HONG KONG (Reuters) -Apple CEO Tim Cook said at a meeting with the Chinese government in Beijing that the U.S. company will increase investment in China and thereby contribute to supply chain development, state news agency Xinhua reported on Thursday. Cook met Minister for Industry and Information Technology Jin Zhuanglong on Wednesday, the ministry previously…
Following a meeting with Jin Zhuanglong, Minister of Industry and Information Technology, Apple (AAPL, Financials) CEO Tim Cook promised further investment in China, according to a government WeChat statement. Cook underlined Apple’s intentions to increase its Chinese investment and stressed the company’s responsibility in helping the Chinese supply chain to grow. Particularly in areas like…
Apple CEO Tim Cook announced on social media Tuesday that he is in China for the second time this year as the tech giant aims to address declining sales in this critical overseas market. The iPhone maker remains popular among Chinese consumers but has ceded ground to domestic rivals in recent years as the Asian…