Apple (AAPL) CEO Discusses Growth and Innovation Opportunities in China

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18 hours ago
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Recently, China's Minister of Industry and Information Technology, met with Apple (AAPL, Financial) CEO Tim Cook in Beijing to discuss key topics including Apple's growth in China, network data security management, and cloud services. The discussions centered on the mutual benefits and future prospects of Apple's operations in the Chinese market.

The minister emphasized China's efforts to expand its telecommunications sector's openness to foreign investment, creating new opportunities for international companies like Apple. The minister expressed hopes for Apple to further invest in innovation within China, deepening its market presence and collaborating with local companies to foster shared growth and development.

In response, Cook expressed Apple's commitment to actively seize the opportunities presented by China's openness. He affirmed the company's intention to enhance investments in China, contributing to the high-quality development of the supply and industry chains.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.