Apple has pledged to increase its investment in China despite ongoing tensions between Washington and Beijing, CEO Tim Cook said during a meeting with China’s industry minister.
Cook met with China’s Industry Minister Li Lecheng on Wednesday, and an official summary released by the Chinese government confirmed Apple’s commitment to continued investment in the country. The report did not specify the size of the potential investment.
Many U.S. companies have become cautious in China amid tariff disputes and President Donald Trump’s push to promote domestic manufacturing. While some firms, including Nvidia and Qualcomm, have faced Chinese investigations, Apple has largely avoided trade war disruptions.
In August, Cook presented Trump with a U.S.-made plaque celebrating Apple’s “American Manufacturing Program,” pledging an additional $100 billion for domestic manufacturing. Analysts suggest some of Apple’s announcements may serve public relations purposes, as tangible investments have not been publicly detailed.
Apple has also made smaller investments in China, such as a $101 million clean energy fund announced during Cook’s March visit. At the same time, the company is diversifying its supply chain by shifting some production to India to reduce geopolitical risks.
Recently, Apple COO Sabih Khan visited Lens Technology, a long-time Chinese glass supplier, which produces covers for iPhones and Apple Watches. The visit highlights Apple’s ongoing collaboration with Chinese partners.
Minister Li told Cook that China hopes Apple will continue to grow alongside local suppliers and assured the tech giant that the country will maintain a favourable business environment for foreign firms.
U.S. President Donald Trump purchased at least $82 million in corporate and municipal bonds between late August and early October, including new inves...
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a pat...
Thousands of climate demonstrators filled the streets of Belém on Saturday, marching loudly and peacefully to demand stronger action to protect the p...
Storm Claudia, which brought violent weather to Portugal, has resulted in the deaths of three people and left dozens injured, authorities reported on ...
A landslide caused by heavy rainfall in Central Java has claimed the lives of 11 people, Indonesia's disaster management agency reported on Saturday. ...
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
Apple’s latest smartphone, the iPhone Air, sold out within minutes of its launch in China on Friday, highlighting the brand’s enduring appeal among Chinese consumers despite growing competition from local Android makers.
Apple (AAPL.O) on Tuesday opened its annual showcase, where it is expected to reveal a new range of iPhones, including a slimmer “Air” model that could foreshadow the launch of a folding phone next year.
Apple has pledged an additional $100 billion investment in the U.S., bringing its total commitment to $600 billion over four years, in a move seen as easing tensions with President Donald Trump over potential iPhone tariffs.
Britain’s King Charles III marks his 77th birthday. Unlike his predecessors, King Charles treats his actual birthday, on 14 November, as his main moment of reflection. This year, King Charles visited Wales—a decision that coincides with the overall spirit of his first three years on the throne.
Storm Claudia, which brought violent weather to Portugal, has resulted in the deaths of three people and left dozens injured, authorities reported on Saturday. Meanwhile, in Britain, rescue teams were organising evacuations due to heavy flooding in Wales and England.
The Azerbaijan embassy in Kyiv was damaged by debris from an Iskander missile during Russia’s overnight attack, which killed four people and injured dozens, President Volodymyr Zelenskyy said on Friday.
Japan urged China on Saturday to take "appropriate measures" after Beijing issued a warning to its citizens against travelling to Japan, amid an ongoing dispute over Taiwan.
Iran has strongly rejected as “unfounded and irresponsible” a joint statement by the foreign ministers of the Group of Seven (G7) about Tehran’s nuclear program and its alleged support of Russia in the war with Ukraine.
Audi has unveiled the car that marks its first major step into Formula One. It presented the 2026 challenger at a launch event in Munich attended by drivers, team leaders and senior company executives.
Billionaire Jeff Bezos’s Blue Origin has launched NASA’s twin ESCAPADE satellites to Mars on Sunday, marking the second flight of its New Glenn rocket, a mission seen as a crucial test of the company’s reusability ambitions and a fresh challenge to Elon Musk’s SpaceX.
China has announced exemptions to its export controls on Nexperia chips intended for civilian use, the commerce ministry said on Sunday, a move aimed at easing supply shortages affecting carmakers and automotive suppliers.
Nobel Prize-winning scientist James Watson, who co-discovered the DNA double-helix structure, has died at 97, his former research lab confirmed.
As competition over artificial intelligence intensifies, U.S. tech leaders are warning that China’s rapid state-backed progress could soon outpace the West, raising concerns that America is losing its technological edge.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment