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REPORT: APPLE Cook signed $275 billion deal to placate China…

December 8, 2021
Source: causeaction.com causeaction.com
News Snapshot:
https://reuters.com/business/retail-consumer/apples-tim-cook-signed-275-bln-deal-with-chinese-officials-placate-china-2021-12-07/ Dec 7 (Reuters) – Apple Inc (AAPL.O) Chief Executive Tim Cook signed an agreement with Chinese officials, estimated to be worth about $275 billion, to placate threats that would have hobbled its devices and services in the country, The Information reported on Tuesday, citing interviews and internal Apple documents. Apple did not immediately respond to a Reuters request for comment. Register now for FREE unlimited access to reuters.com Register Reporting by Chavi Mehta in Bengaluru; Editing by Maju Samuel Our Standards: The Thomson Reuters Trust Principles.
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Tags: AAPL | agreement | Apple | Business | China | Chinese | consumer | executive | report | retail | Reuters | standards | Tim Cook

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