| HONG KONG
HONG KONG Oct 12 Apple Inc will set up
a research and development centre in China's manufacturing
metropolis Shenzhen, the U.S. tech giant said on Wednesday, as
the firm looks to spur growth in the world's second largest
economy amid growing competition.
The Shenzhen hub follows a similar plan for a centre in
Beijing, and comes as Apple is looking to bounce back in China,
where local rivals like Huawei Technologies, OPPO and
Vivo have been taking market share from its flagship iPhone.
Apple's chief executive Tim Cook announced the plan during a
meeting with senior officials from the southern Chinese city
where he is attending a nation-wide innovation event, the
Shenzhen Economic Daily reported.
"We are excited to be opening a new Research and
Development center here next year so our engineering team can
work even more closely and collaboratively with our
manufacturing partners," Cupertino-based Apple spokesman Josh
Rosenstock said in emailed comments.
"The Shenzhen center, along with the Beijing center, is also
aimed at strengthening relationships with local partners and
universities as we work to support talent development across the
country," he said.
The Shenzhen Economic Daily, citing Cook, said Apple was
keen to attract talented software developers in the city, which
remains an important centre for manufacturing Apple products. It
added Terry Gou, founder and chief executive of Apple's major
supplier Foxconn, also attended the meeting.
In August Cook unveiled plans for a Beijing-based R&D
facility, its first in China, and promised to invest more in
China during a visit to the country.
(Reporting by Sijia Jiang in HONG KONG and Julia Love in SAN