Apple's New China Strategy: More Investment, More Opportunities
ChinaFri Oct 25 2024
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This week, Apple CEO Tim Cook has been busy in China, meeting with important people and making big promises. It all started when Cook sat down with China's IT minister to chat about Apple's future in the country, online safety, and cloud services. After this meeting, Apple revealed that it plans to invest even more in China, especially in the supply chain.
For a while now, Apple has been spreading out its supply chain investments, not just focusing on China. But with the increasing competition from Chinese smartphone makers, and the struggle with iPhone sales, Apple is looking for ways to stay strong in the Chinese market. The latest iPhone model is doing well, but Apple needs to bring its smart features to Chinese users quickly to keep up the momentum.
One important thing to note is that Apple Intelligence, a feature that allows users to do cool things with their phones, is not available in China or the EU. Cook's meetings might be a sign that Apple is trying to change that. Only time will tell if Apple is really committing more to China or just trying to navigate the complex political landscape.
https://localnews.ai/article/apples-new-china-strategy-more-investment-more-opportunities-635d9d5f
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