APPLE TO SET UP R&D CEN­TRE IN SHEN­ZHEN

The Sun (Malaysia) - - SUNBIZ -

HONG KONG: Apple Inc will set up a re­search and devel­op­ment cen­tre in China’s man­u­fac­tur­ing me­trop­o­lis Shen­zhen, the US tech gi­ant said yes­ter­day, 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. – Reuters

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