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Apple plans two more Chinese research hubs as iPhone sales slow

Apple plans two more Chinese research hubs as iPhone sales slow

Friday, March 17, 2017, 4:39 PM
Apple Inc. has revealed plans to set up two more research centres and boost investment in China, a pivotal market in which the iPhone has been rapidly elbowed aside by local rivals. The announcement comes as Chief Executive Officer Tim Cook undertakes his latest trip to a country that ranks as Apple’s single biggest overseas market.
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