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SHENZHEN, China, Oct. 11, 2024 iPhone-maker Apple (AAPL,Financial) simply opened its largest analysis laboratory exterior the U.S. on the Shenzhen Park in Hetao, in accordance with a South China Morning Publish report. The ability thats operational since Thursday, spans a whopping 20,000 sq. meters will probably be a focal space for Apples analysis and improvement hub within the Higher Bay Space, protecting Guangdong, Hong Kong, and Macao.
Furthermore, it’s anticipated that the brand new lab will considerably increase Apples analysis and testing capabilities for key merchandise, resembling its flagship iPhone, iPad, and Imaginative and prescient Professional mixed-reality headsets. Moreover, the ability goals to probably make use of upwards of 1,000 home and worldwide specialists, solidifying its place as Apple’s most in depth R&D middle exterior the U.S.
Moreover, Apple’s growth comes at some extent the place there’s heightened competitors within the Chinese language area, with home smartphone makers resembling Huawei persevering with to realize floor over the Cupertino large. Furthermore, just a few months in the past in March, Apple revealed it had constructed analysis facilities in Beijing, Shanghai, Suzhou, and Shenzhen, doubling its improvement crew over the previous 5 years.
This text first appeared on GuruFocus.
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