Apple Embraces China with New R&D Center

Apple plans to open a new research and development center in China before the end of the year, according to company CEO Tim Cook. The facility will be a first for Apple in China, and will be another way to help Apple shore up its presence in the country.

Apple Helped Drive Uber Out of China

Uber and Didi were locked in a battle to outspend each other in China in hopes of becoming the dominant name in the ride sharing market. When Apple invested US$1 billion in Didi, however, Uber knew that strategy wouldn’t work and agreed to a deal where Didi bought out its Chinese operations.