Apple To Set Up Two More R&D Centres in China

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Jacob Black
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Apple To Set Up Two More R&D Centres in China

Postby Jacob Black » 22 Mar 2017 10:31

Apple will establish two more research centres to Shanghai and Suzhou in China and increase investment in research and development in the country, the company said on Friday.

The two centres come on top of already announced R&D centres in Beijing and Shenzhen. All four centres are expected to open by the end of this year.

The US company also said it would boost spending in research and development in China to more than 3.5 billion yuan (US$508 million).

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"We are looking forward to working with more local partners and academic institutions through the expansion of R&D centres in China," Dan Riccio, senior vice president of hardware engineering at Apple, said in a press release.

The announcement comes ahead of Apple CEO Tim Cook's visit to China in order to attend a high-profile business forum in Beijing on Saturday. The three-day China Development Forum 2017 will see Chinese government officials and business people meet with leaders of global corporations, including IBM and Royal Dutch Shell.

Although iPhones remain popular among the Chinese, Apple recorded its first ever annual decline in smartphone sales in China last year.

The US tech giant’s sales have been hit with growing competition from local vendors Huawei, Oppo and Vivo whose increasingly high-tech offerings have been received well especially by customers in smaller Chinese cities.
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