Apple CEO Tim Cook reportedly promised more investment in China during meeting with China's Minister of Industry and Information Technology
Apple CEO Tim Cook, who has been visiting China since October 21, 2024, met with Minister of the Ministry of Industry and Information Technology Jin Zhuanglong and others on October 23. According to the Ministry of Industry and Information Technology, the two sides exchanged views, and Cook stated that the company intends to continue to actively take advantage of the opportunity presented by the opening up of the Chinese market and increase investment.
Jinzhuanglonghui Seebenguo Company Chief Executive Officer 库ke
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Cook is in the middle of his second visit to China this year, following his visit in March, which began on October 21, 2024. Cook's account on the Chinese microblogging service Weibo shows him and his friend, artist Chen Man, photographed using the iPhone 16 Pro MAX .
On October 23, he met with Kim Jong-ryong, Minister of Industry and Information Technology, and others.
On the steps, Kim said China has opened up its telecommunications sector in an orderly manner in recent years, creating opportunities for various foreign companies to invest in China.
Cook responded, 'Apple is ready to seize the opportunities that come with China's opening up, continue to increase its investment in China, and contribute to the high-quality development of the industrial supply chain.'
During his visit to China in March 2024, Cook praised the Chinese market, saying, 'There is no supply chain in the world that is more important to us than China,' and expressed his intention to work closely with Chinese partners.
The applied research facility is scheduled to be completed in October 2024, with investment of more than 1 billion yuan (about 21.4 billion yen).
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