Apple Pledges New Development Centers in China Apple Pledges New Development Centers in China
18 March 2017 - 1:10AM
Dow Jones News
By Tripp Mickle
Apple Inc. said it plans to open two more
research-and-development centers in China, beefing up the
technology giant's operations in a critical market where it has
faced a series of challenges recently.
Apple said the new centers, to be set up in Shanghai and Suzhou,
bring its total commitment to R&D facilities in China to more
than 3.5 billion yuan, or about $500 million. Last year Apple
committed to opening a similar center in Shenzhen, and currently
operates one in Beijing.
(More to come)
(END) Dow Jones Newswires
March 17, 2017 09:55 ET (13:55 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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