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Apple to continue increasing investment in China: Tim Cook
short by Mansi Agarwal / on Thursday, 24 October, 2024
Apple CEO Tim Cook told the Chinese government that the iPhone maker "will continue to increase its investment in the country", state news agency Xinhua reported. "Apple is keen to seize the opportunities presented by China's opening up," Cook said. His remarks come amid Apple losing market share to domestic players in China in recent quarters.