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Apple CEO Tim Cook Signed Discrete $275 Billion Deal With China in 2016

December 8, 2021
Source: thedeepdive.ca thedeepdive.ca
News Snapshot:
Apple CEO Tim Cook Signed Discrete $275 Billion Deal With China in 2016 Apple CEO Tim Cook allegedly signed a discrete $275 billion agreement with China back in 2016, in an an effort to appease the country’s authorities that were threatening to halt the distribution of Apple devices and services. According to a comprehensive report published by The Information on Tuesday, which cited people familiar with the matter as well as internal Apple documents, Cook secretly entered into a five-year agreement with China via in-person visits throughout 2016. The objective of the deal was to appease the Chinese government, which...
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Tags: agreement | Apple | CEO | China | Chinese | commission | development | distribution | Economy | education | energy | government | government affairs | manufacturing | National Development and Reform Commission | report | research | research and development | retail | talent | technology | Tim Cook | training

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