Apple to invest $508 million in China for two R&D centres
Sunday, 19 March 2017 To boost local talent, tech giant Apple has announced it would invest $508 million in China to build two additional Research and Development (R&D) centers in Shanghai and Suzhou. According to a report in MacRumors on Friday, Apple’s attempt to boost its presence in China began last September with the opening of its first R&D centre in Beijing’s Zhongguancun Science Park, often referred to as “China’s Silicon Valley”. “We are looking forward to working with more local partners and academic institutions through the expansion of R&D centers in China,” Dan Riccio, Senior Vice President (Hardware Engineering) at Apple, was quoted as saying. “We are honored to have access to excellent talent and a positive entrepreneurial spirit in the region, where
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