Apple is significantly increasing its R&D facilities in China, with the expansion of an applied research lab in Shanghai and a new lab constructed in Shenzhen.
Apple’s research and development spending is huge, having forked out approximately $7.7 billion in Q1 2024 alone. In a continued expansion of its R&D efforts, it is making two moves to its operations in China.
The other will be an all-new lab located in Shenzhen, which will be opening later in 2024. Also an applied research lab, it is said that the facility will help support employees in the region as well as increase the collaboration with local suppliers.
“We have already invested 1 billion yuan ($139.4 million) into applied research labs in China,” said Apple Greater China VP and managing director Isabel Ge Mahe. “And with the new expansion plan, our investment will continue growing.”
This story originally appeared on Appleinsider
