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Home ยป According to Xinhua news agency, Apple CEO Cook said that Apple will increase investment in China.
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According to Xinhua news agency, Apple CEO Cook said that Apple will increase investment in China.

adminBy adminOctober 24, 2024No Comments2 Mins Read
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HONG KONG (Reuters) – Apple CEO Tim Cook said in a meeting with the Chinese government in Beijing that U.S. companies will increase investment in China, thereby contributing to the development of supply chains. state news agency Xinhua reported on Thursday.

Cook met with Industry and Information Technology Minister Jin Zhuang Long on Wednesday, the ministry said.

Apple did not immediately respond to an emailed request for comment.

This is Cook’s second visit this year to the world’s largest smartphone market, where the iPhone maker has been losing market share to domestic rivals in recent quarters.

“Apple is keen to seize the opportunities presented by China’s opening up and will continue to increase investment in the country and contribute to the high-quality development of industrial and supply chains,” Cook said, according to Xinhua news agency. said.

According to Xinhua news agency, topics discussed at the meeting included Apple’s expansion in China, online data security management, and cloud services.

In a statement Wednesday, the Ministry of Industry and Information Technology said Jin told Cook that Apple will deepen its presence in China, increase investment in innovation, grow together with Chinese companies and share the dividends of high-quality development. He said he hoped that.

(Reporting by Farah Master and Beijing Newsroom; Editing by Muralikumar Anantharaman and Christopher Cushing)



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