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) centres in Shanghai and Suzhou.<\/p>\n
\nAccording 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”.<\/p>\n
“We are looking forward to working with more local partners and academic institutions through the expansion of R&D centres in China,” Dan Riccio, Senior Vice President (Hardware Engineering) at Apple, was quoted as saying.<\/p>\n
“We are honoured to have access to excellent talent and a positive entrepreneurial spirit in the region, where our developers and suppliers will be working together,” Riccio added.<\/p>\n
With the investment of $508 million, Apple will have four centres in China in total.<\/p>\n
Apple’s gets most of its products manufactured in China and also sources its best electronics engineers from the there.<\/p>\n
“So it seems logical that Apple would go beyond partnering with local firms in China by creating its own research centres. This way, Apple has a foot on the ground and gets the best of both worlds,” the report noted.\u2014IANS<\/p>\n
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