During a high-profile visit to China, Apple CEO Tim Cook engaged in several strategic meetings, including discussions with China's Commerce Minister Wang Wentao and the opening of Apple's newest store in Shanghai, where he exclaimed, "I love Shanghai!" These meetings come at a critical time as Apple faces declining iPhone sales in China and increasing competition from domestic brands like Huawei. Cook emphasized China's importance as a key market and supply chain partner for Apple, announcing plans to further invest in the country's research, supply chain, sales, and R&D sectors. This visit aligns with China's efforts to attract global CEOs and reassure international businesses of its viability as an attractive business location amidst US technology restrictions. Additionally, Cook's visit coincides with the China Development Forum 2024 Annual Meeting in Beijing, where he expressed his affection for China and its people, stating, "I love China and the people!" Meanwhile, China's Commerce Minister Wang Wentao also met with other tech leaders, including SK Hynix's CEO and AMD's CEO Dr. Lisa Su, promising more opportunities and support for international businesses in China.
Apple ❤️China https://t.co/oCTddo4wjt
So after his latest “R&D” trip to #china, $AAPL Tim Cook-ing has the great idea to try selling a tech gadget in a country where on average you will need more than 2 full months of salary to pay it… Tim won’t be able to hide incompetence behind stock buybacks forever… https://t.co/mgXMPPyKXk https://t.co/63iO1Ui4xT
"#Vietnam's prime minister has met with US chip equipment maker Lam Research as the company looks at diversifying its #supplychain & warns of a hit to its #China business from US export controls" https://t.co/R5I6oD6vqh
Chinese Minister of Commerce Wang Wentao, met with AMD CEO Dr. Lisa Su today. Wang Wentao stated that China will provide more opportunities and support for businesses from all countries, including U.S.-owned corporations, to develop in China. $AMD $NVDA https://t.co/hEaQ9U7xuJ
“I love China🇨🇳 and the [Chinese] people,” said Apple CEO @tim_cook in Beijing today. https://t.co/TkEsf44H4d
The China Development Forum 2024 Annual Meeting opens in Beijing on March 24. U.S. Apple CEO Tim Cook said in an exclusive interview with CGTN host Tian Wei, "I love China and the people!" https://t.co/2VYioImZ05
THREAD: Apple’s Tim Cook calls China supply chain and market critical to the future, proclaiming “I love Shanghai!” as he opens 8th store in financial capital. Top US business execs including Chubb’s Evan Greenberg to meet Xi Jinping following China forum https://t.co/LRZZG9gTGh
Tim Cook loves China so much… Has he ever thought about actually living there? https://t.co/aJXD4AoicW
Heading early AM to 2-day Beijing-hosted event for global CEOs as Chinese officials aim to prove #China is an attractive place to do business. Two weeks ago, I was traveling with US @SecRaimondo who was promoting stronger ties with Philippines, Thailand. Tough competition. 🇺🇸🇨🇳 https://t.co/Xq4NT5E6A9
China woos Apple's Tim Cook, other global CEOs ahead of forum https://t.co/devqBrKYKK
#China official media highlight $AAPL @tim_cook saying China is key market and supply chain partner for @Apple as he meets Commerce Minister. Quote Cook saying US tech giant will raise investment in supply chain, sales, and R&D. https://t.co/PIQVAUul98 https://t.co/u9ZYRPEo5N
$AAPL | Tim Cook's Recent Visit To China Was To Send Out A Clear Message To Xi Jinping, Says Top Analyst: 'Apple Is Committed To China' https://t.co/cIt05bN9Nq
Apple Inc. plans to invest further in research in China, Chief Executive Officer Tim Cook said as he continues his high-profile visit to the country. https://t.co/FP6dwvel3J
🇨🇳 🤝 Apple CEO Tim Cook has met with the Minister of the Chinese Ministry of Commerce Wang Wentao. Cook reportedly told the Minister that China is “is rich in talent resources and innovative vitality.” https://t.co/NmWrhYmRlC
#China commerce minister meets Apple's Tim Cook The meeting came a day after Cook opened Apple's newest store in Shanghai, as the phone maker battles falling iPhone sales in China and rising competition from domestic rivals such as Huawei. https://t.co/p4nv2jUSiI
The CEO of South Korean chipmaker SK Hynix met with China’s Commerce Minister to discuss cooperation, as China tries to counter US restrictions on technology https://t.co/JMFSbhIdj0