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Apple CEO praises China's innovation, long history of cooperation on Beijing visit

Published Mar 25, 2023 01:33AM ET
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© Reuters. FILE PHOTO: Apple CEO Tim Cook attends the Apple Original Series "Ted Lasso" Season 3 Red Carpet Premiere at Westwood Village Theater, Los Angeles, California, U.S., March 7, 2023. REUTERS/David Swanson
 
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SHANGHAI (Reuters) - Apple (NASDAQ:AAPL) CEO Tim Cook on Saturday used his first public remarks on his visit to China to praise the country for its rapid innovation and its long ties with the U.S. iPhone maker, according to local media reports.

Apple CEO Tim Cook on Saturday used his first public remarks in China in recent years to praise the country for its rapid innovation and its long ties with the U.S. iPhone maker, according to local media reports.

Cook is in Beijing to attend the China Development Forum, a government-organised event being held again in full force after the country ended its COVID controls late last year.

Besides Cook, the event is being attended by senior government officials as well as CEOs of firms such as Pfizer (NYSE:PFE) and BHP.

"Innovation is developing rapidly in China and I believe it will further accelerate," Cook was quoted by The Paper news outlet as saying.

His visit comes at a time of rising tensions between Beijing and Washington and as Apple has been looking to reduce its supply chain reliance on China and moving production to new up and coming centres such as India.

Last year, production at the world’s largest iPhone factory run by Apple supplier Foxconn was heavily disrupted after China's zero-COVID policies fuelled worker unrest.

Cook also visited an Apple Store in Beijing on Friday, pictures of which went viral on Chinese social media.

During his speech, Cook also discussed education and the need for young people to learn programming critical thinking skills, announcing that Apple plans to increase spending on its rural education programme to 100 million yuan, the local media reports said.

Apple CEO praises China's innovation, long history of cooperation on Beijing visit
 

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Comments (6)
up ok
up ok Mar 26, 2023 6:33PM ET
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to be honest the Chinese work very hard. I've been to us factories, productivities just can't match those in china. of course much of that profit go to the bosses and it really doesn't matter where iPhone is made I just want to trade it's stock.
taylor jason
taylor jason Mar 26, 2023 4:21PM ET
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of course china tim praises china. not like apple has anything to lose if he doesn't stroke xi ego
Garry Takha
Garry Takha Mar 25, 2023 8:14PM ET
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Or Pigs will always find the Dirt !!!
Mar 25, 2023 11:07AM ET
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Nice Pigs eat better
JIM VETTER
JIM VETTER Mar 25, 2023 3:38AM ET
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What a POS
Levan Jackson
Levan Jackson Mar 25, 2023 3:24AM ET
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Nice, praising China for profitable running sweat shops filled with child labor. Maybe he should get a medal.
Mar 25, 2023 3:24AM ET
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no difference in Us.. look behind the curtain
Levan Jackson
Levan Jackson Mar 25, 2023 3:24AM ET
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Carl Tom, what happened? Did you get into the crack again? You're aware of child labor sweat shops in USA and you've done nothing? Haven't called anyone, reported it to anyone? Just sitting there being an armchair warrior huh. Maybe you're part of the problem?
 
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