At a meeting in Beijing with the Chinese government, Apple CEO Tim Cook stated that the U.S. corporation will boost its investment in China, which will help the country’s supply chain grow, according to a report released on Thursday by the media. As previously reported by the ministry, Cook met with Jin Zhuanglong, Minister for Industry and Information Technology, on Wednesday.
An email request for comment was not immediately answered by Apple.
This is Cook’s second visit to the largest smartphone market in the world, where the iPhone manufacturer has been losing market share to domestic competitors in recent quarters.
“Apple is keen to seize the opportunities presented by China’s opening up and will continue to increase its investment in the country, thus contributing to the high-quality development of the industrial and supply chains,” Cook was quoted as saying.
According to the media, the meeting’s topics included cloud services, online data security management, and Apple’s growth in China.
According to a statement released by the Ministry of Industry and Information Technology on Wednesday, Jin expressed his desire to Cook that Apple will expand its business in China, boost innovation investment, collaborate with Chinese firms, and reap the benefits of superior development.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK.
CIO News is a proprietary of Mercadeo Multiventures Pvt Ltd.