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Apple made $275 billion deal to skirt Chinese regulations: Report | Washington Examiner

December 9, 2021
Source: washingtonexaminer.com washingtonexaminer.com
News Snapshot:
A pple had a secret deal with the Chinese government that allowed the company to make billions of dollars in China while avoiding the country's strict technology regulations, a new report says. Apple CEO Tim Cook has been making extensive efforts to create strong relationships between the technology company and Chinese government officials, having brokered a five-year nonbinding $275 billion "memorandum of understanding" that included "a pledge to help Chinese manufacturers develop 'the most advanced manufacturing technologies and 'support the training of high-quality Chinese talents'" in exchange for circumventing restrictions placed on the technology sector, according to 4.2M QUIT JOBS...
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China Tech Buzz Topics: agreement | Apple | blocked | CEO | China | Chinese | communist | data | Didi | education | employee | encryption | Google | government | Hong Kong | iCloud | manufacturing | Religion | search engine | social media | Software | technology | Twitter | Washington

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