Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales
Apple CEO Tim Cook is on a visit to Shanghai, according to a post on his official Weibo account on Wednesday, amid declining iPhone sales in the country.
Apple CEO Tim Cook is on a visit to Shanghai, according to a post on his official Weibo account on Wednesday, ahead of the inauguration of a new retail store and amid declining iPhone sales in the country.
A video attached to the post showed Cook taking a stroll in one of the city’s popular tourist districts and having breakfast with Chinese actor and television personality Zheng Kai.
According to a news release on Monday, the new retail store, located in the city’s Jing’an district, will open Thursday.
Cook often visits China — a vital market and manufacturing base for Apple — to launch products, open factories and meet with local officials. Earlier this month, Apple also announced plans to expand its research centers in Shanghai and Shenzhen.
His latest trip also comes amid reports that iPhone sales in China declined 24% in the first six weeks of 2024 compared with the same period a year earlier.
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