Apple is setting up its first research and development center in Beijing's Zhongguancun Science Park, according to statement from the Zhongguancun Park Management Committee relayed by DigiTimes.
The R&D center has a registered capital of CNY100 million (US$14.994 million), with total investment likely to reach CNY300 million in the future. The center plans to hire a total of 500 employees, focusing on the development of computer software and hardware products, communication, audio and video devices, as well as advanced technologies for consumer electronics products and the information industry.
Apple is expected to complete work on the center this year and will use it to integrate engineering and business teams from ramping up sales and services. CEO Tim Cook announced the investment back in August.
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Comments (5)
Comments are closed for this article.
0
skylander - September 29, 2016 at 7:04pm
Really? Are they serious? I guess we will see more copy cat phone right before Apple even release it. Bad move!
0
gamerscul9870 - September 29, 2016 at 7:55pm
You know something is going to suck when it's a knockoff (at least when it's a product).
0
Great! - September 29, 2016 at 3:25pm
For a tax break!!
0
Great! - September 30, 2016 at 12:20am
Hey I'm calling it as I see it. Apple doesn't do anything stupidly or blindly. If a business can get a tax break by making deals with the government for a win-win, then why not?
0
Ching Cheung - September 29, 2016 at 3:25pm
Firstly welcome home apple
You need to invest and put something back to china or else you can not sell your bricks iphones
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