Index Investing News
Friday, June 12, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Apple’s COO meets key metropolis official on China tour forward of iPhone 16 launch

by Index Investing News
July 25, 2024
in Markets
Reading Time: 2 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


hapabapa/iStock Editorial through Getty Photos

Apple’s (NASDAQ:AAPL) Chief Working Officer Jeff Williams made a go to to China’s southern tech hub Shenzhen and met town’s Communist Occasion secretary Meng Fanli, reinforcing the Asian nation’s significance for the corporate, South China Morning Submit, reported.

Williams, reportedly, informed Meng that Shenzhen is an important marketplace for Apple, which plans to deepen its cooperation with town. Meng invited Apple to extend its native enterprise and funding, noting that town would bolster its provide chain for the corporate to supply extra mutually useful outcomes, the report added citing Chinese language readouts.

Earlier this week, Williams and Micron Expertise’s (MU) President Sanjay Mehrotra went with a U.S. enterprise delegation, assembly Vice-Premier He Lifeng and International Minister Wang Yi. The low-key go to comes amid a time when the U.S. is pondering of imposing ever stricter tech export restrictions on China.

The U.S. tech big is presently ramping up manufacturing for its iPhone 16 sequence telephones, that are anticipated to be launched within the fall. Apple’s contractors in China, together with Foxconn Expertise’s (OTCPK:FXCOF) plant in Shenzhen, are recruiting employees.

Apple has joined opponents reminiscent of Samsung Electronics (OTCPK:SSNLF) to unfold its manufacturing capability in international locations like Vietnam and India, however China nonetheless stays a key meeting location for the corporate.

Meng and Williams’ assembly got here 4 months after Apple introduced a plan to open a brand new utilized analysis lab in Shenzhen this yr.

The lab is anticipated to strengthen Apple’s testing and analysis capabilities in creating vital merchandise such because the iPhone, iPad and Apple Imaginative and prescient Professional, with deeper collaboration with native suppliers, the report added, citing the corporate.

The Cupertino, Calif.-based firm has additionally arrange R&D facilities in Shanghai, Suzhou, Beijing and Shenzhen. The corporate stated in March that it had until then invested 1B yuan ($137.5M) in its Shanghai utilized analysis lab, which it’s increasing, in response to the report.

Williams visited an Apple Retailer within the Wangfujing procuring district, whereas on his Beijing tour, the place he met workers and clients. He additionally met with group members of Chinese language digital leisure service supplier Migu who had been on the retailer to point out their app developed for the Apple’s combined actuality headset Imaginative and prescient Professional, the report added.



Source link

Tags: aheadApplesChinaCityCOOiPhonekeyLaunchmeetsofficialTour
ShareTweetShareShare
Previous Post

Important Properties Realty Belief, Inc. 2024 Q2 – Outcomes – Earnings Name Presentation (NYSE:EPRT)

Next Post

Troon, Trump and Tiger: Bryson DeChambeau prepares for LIV UK

Related Posts

Tesla and Uber Race to Dominate Autonomous Driving

Tesla and Uber Race to Dominate Autonomous Driving

by Index Investing News
June 8, 2026
0

One of the largest opportunities in robotics today is autonomous vehicles – large robots that ply our roads carrying people,...

Hot IPO or Hype?

Hot IPO or Hype?

by Index Investing News
June 4, 2026
0

Patterns play out in the stock market. All. The. Time. It’s something you have to know when considering whether the...

Old Dominion Freight Line (ODFL) Still Has a Service-and-Yield Story Beyond Freight Cycles

Old Dominion Freight Line (ODFL) Still Has a Service-and-Yield Story Beyond Freight Cycles

by Index Investing News
May 31, 2026
0

Why Old Dominion is more than a freight-cycle story Old Dominion Freight Line (ODFL) often gets treated like a simple...

New bull market in software stocks hinges on this report

New bull market in software stocks hinges on this report

by Index Investing News
May 27, 2026
0

Options traders are convinced the "SaaS-pocalypse" is over. Whether that's true will likely depend on the market's reaction to Salesforce...

Three signs from APEC that the U.S., China remain far apart on trade

Three signs from APEC that the U.S., China remain far apart on trade

by Index Investing News
May 23, 2026
0

China's Commerce Minister Wang Wentao held a press conference on May 23, 2026, at the end of the APEC trade...

Next Post
Troon, Trump and Tiger: Bryson DeChambeau prepares for LIV UK

Troon, Trump and Tiger: Bryson DeChambeau prepares for LIV UK

Berkshire dumps .3 billion of Financial institution of America in a 6-day sale

Berkshire dumps $2.3 billion of Financial institution of America in a 6-day sale

RECOMMENDED

The one factor up this yr is your lease, and it’s up much more than CPI inflation says it’s! – Funding Watch

The one factor up this yr is your lease, and it’s up much more than CPI inflation says it’s! – Funding Watch

May 14, 2022
Why Is the U.S. Not Accepting Packages From China Now? – Hollywood Life

Why Is the U.S. Not Accepting Packages From China Now? – Hollywood Life

February 6, 2025
Sudan says 7 killed in tribal clashes in restive province

Sudan says 7 killed in tribal clashes in restive province

September 2, 2022
IMPT raises more than  million; D2T presale shows promise

IMPT raises more than $7 million; D2T presale shows promise

October 23, 2022
Bitcoin exchange outflows top B daily, while Ethereum sees net inflows

Bitcoin exchange outflows top $1B daily, while Ethereum sees net inflows

August 29, 2022
Justice Division Appeals to Reinstate Transportation Masks Mandate

Justice Division Appeals to Reinstate Transportation Masks Mandate

April 21, 2022
HDFC Bank expects 17-18% credit growth this year

HDFC Bank expects 17-18% credit growth this year

July 23, 2023
What’s ICE Poker, the sport underpinning Decentral Video games?

What’s ICE Poker, the sport underpinning Decentral Video games?

April 9, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In