‘Ap­ple doesn’t have spe­cific China goal’

New Straits Times - - Business -

BEI­JING: Ap­ple Inc doesn’t have a spe­cific goal for mar­ket share in China, where it faces the fiercest lo­cal com­pe­ti­tion any­where, said chief ex­ec­u­tive of­fi­cer Tim Cook. China has unique char­ac­ter­is­tics, in that its mo­bile pay­ment mar­ket is well ahead of the United States and lo­cal con­sumers have a greater will­ing­ness to change habits, said Cook at the China De­vel­op­ment Fo­rum. He said Ap­ple’s new re­search and de­vel­op­ment centres in China should help it reach China’s univer­sity com­mu­nity.

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