- Sputnik International, 1920
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Chinese Commerce Minister, Apple CEO Discuss US Technology Giant's Future in China

© Wikipedia / ahenobarbus View of Beijing, China.
View of Beijing, China. - Sputnik International, 1920, 27.03.2023
BEIJING (Sputnik) - Chinese Commerce Minister Wang Wentao met with Apple's CEO Tim Cook in Beijing on Monday and discussed the development of the US technology giant in China, the Commerce Ministry said.
Wang said that China was ready to provide good conditions and services to companies with foreign capital in China, including Apple, according to the ministry's statement.
The sides have also discussed stabilization of production and supply chains relevant to Apple's operation in China, the statement said.
In early December, media reported, citing sources, that in recent weeks, Apple had accelerated the transfer of some of its production outside of China and asked suppliers to more actively plan the assembly of its products in other Asian countries, especially in India and Vietnam.
The Amazon logo in Santa Monica, California - Sputnik International, 1920, 18.01.2023
Amazon Overtakes Apple as World's Most Valuable Brand Despite Losing $51Bln
Apple was also seeking ways to reduce its dependence on Taiwanese assemblers led by Foxconn Technology Group, according to the report. The news outlet noted that the actions were partly a response to the unrest at the iPhone factory in the Chinese city of Zhengzhou.
To participate in the discussion
log in or register
Заголовок открываемого материала