Apple has just announced that it will be setting up two additional research and development centers in China, its major market. The new facilities will be constructed in Shanghai and Suzhou. These new facilities will join Apple’s upcoming R&D centers in Beijing and Shenzhen. All four facilities will go into operation later in 2017. This is going to be a significant investment as Apple has invested about 3.5 billion yuan ( $500 million approximately) on research purposes.
The facilities will help Apple boost its supply chain and employ graduates from universities such as Peking University, Tsinghua University and Shanghai Jiaotong University. Apple has also teamed up with many schools to run internship program aiming at educating the next generation of entrepreneurs.
Dan Riccio, Apple’s Senior Vice President of Hardware Engineering said that they were looking forward to working with more local residents and academic institutions through the development of R&D centers in China. In addition, they expressed their honor to have excellent and positive entrepreneurial talents in China and co-work with the developers and suppliers, which makes their business flourish in this market.
Apple’s press release said that it employs about 12,000 people in China. Furthermore, the firm has made great contribution to creating jobs in the country . In fact, there are 4.8 million jobs created in China, including 1.8 million jobs directly related to iOS app development.
Bloomberg affirmed that the development could be beneficial in politics, specifically in obtaining support from Chinese authorities, noting that CEO Tim Cook is planning to hold a public speech at an economic forum in Bejing on Saturday.
China has been Apple’s main market for recent years. In reality, the 2016 iPhone SE once serves as Apple’s strategic plan for its move into the Chinese market thanks to its lower price when compared to the newest iPhone models. Beside, setting up new facilities in China allows Apple to reduce costs in transportation.
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