Tim Cook meets with Chinese minister and visits Luxshare factory

2023-10-18 21:38:30

And the China Tour to be continued! After visiting an Apple Store, a school and a farm in China, the CEOChief executive officeror executive director.”>1 and Apple, Tim Cookheld a meeting with the country’s trade minister, Wang Wentaoin addition to having visited a factory from Luxsharewhere Apple devices are produced.

As reflected by the Bloomberg, the minister stated that China is open to Apple and other multinationals, as long as they share the “dividends of the Chinese market” and engage in “win-win development” — an expression commonly used by the country’s government to describe initiatives that benefit both sides. Such support is important in light of previous measures such as the ban on the use of iPhones by public employees in the country.

According to an announcement from the Chinese Ministry of Commerce, Cook and Wentao discussed issues such as Apple’s development in China and said they support strengthening trade relations between the United States and the Asian nation. The CEO also highlighted that he greatly values ​​the achievements made there in the last three decades.

The minister also said that China will firmly promote high-level opening up to expand access to the Chinese market by, mainly, multinationals, in addition to being committed to creating an international legal and business environment aimed at the market.

The executive’s visit to a Luxshare factory — one of Apple’s main suppliers — even yielded a publication on Cook’s profile on the Chinese social network Weibo, which highlights the supplier’s role in manufacturing the iPhone 15 Pro Max and Apple Watches. As remembered by South China Morning Postthe factory also produces AirPods and will be one of the manufacturers of the Apple Vision Pro.

Cook also highlighted that the production of Apple devices carried out by Luxshare should become carbon neutral by 2030. The supplier began to gain more space in iPhone supply demand last year, when it started producing a small number of iPhones 14 Pro Max, following problems with the Foxconn factory related to lockdowns.

Luxshare was founded in 2004 by Grace Wang Laichun (on the right in the photo above), a former employee of Foxconn, another major Apple supplier who will also manufacture the Vision Pro. The headset will be the first generation of an Apple device to be manufactured in mainland China.

Despite diversifying the countries where its products are manufactured, Apple’s dependence on mainland China is still sensitive, so visits like this are necessary to calm ties amid tensions between the US and China.

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