“Apple Inc., facing mounting competitive pressure in China, plans to open a new research-and-development facility in the world’s second-biggest economy,” Alex Webb reports for Bloomberg.
“The site will bring together engineers from some of Apple’s existing centers, the company said during Chief Executive Officer Tim Cook’s visit to Beijing. Apple didn’t specify the office’s location or planned number of employees,” Webb reports. “Apple has more than doubled its number of corporate sites in China to 45 since 2011, so the move may help it consolidate some of those facilities.”
“‘The center will open later this year, bringing together our engineering and operations teams in China as we develop advanced technologies and services for our products,’ Apple said,” Webb reports.
Read more in the full article here.
MacDailyNews Take: Expect even more Apple investment in China.
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Tim Cook back in Beijing, says Apple will further boost investment in China – August 16, 2016
[Thanks to MacDailyNews Reader “Carlos” for the heads up.]