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February 25, 2024
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Apple enjoys ‘symbiotic’ relationship with China, Tim Cook says

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Apple enjoys a “symbiotic” relationship with China, CEO Tim Cook dinner mentioned on Saturday, because the iPhone large appears to be like to maneuver manufacturing overseas.

Cook dinner, who’s in China to attend the high-profile China Improvement Discussion board, mentioned “Apple and China grew collectively,” throughout an interview on the function of expertise in schooling.

“This has been a symbiotic type of relationship that I believe we each loved,” he mentioned on the state-run occasion attended by high authorities officers and company leaders.

Cook dinner’s go to comes as Apple, the world’s greatest firm by market worth, is attempting to maneuver manufacturing out of China.

Final yr, Apple gross sales have been hit by curtailed manufacturing at factories because of China’s zero-Covid coverage.

US export controls on high-tech parts are additionally threatening the corporate’s provide chain.

Cook dinner didn’t deal with provide chain points throughout his dialogue.

As a substitute, he centered on the necessity to bridge the schooling hole between city and rural faculties and inspired younger folks to be taught programming and important pondering expertise.

He additionally pledged to extend Apple’s spending on its rural schooling program in China to 100 million yuan ($15 million).

Cook dinner visited an Apple Retailer in downtown Beijing on Friday, and a photograph of him posing for a selfie with singer Huang Ling has gone viral on Chinese language social media.

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