Tim Cook Says Chinese Security Talks Were 'Very Open', Bringing Apple Pay to China a Priority
Tim Cook was optimistic about Apple's relationship with China following a meeting with top Chinese government officials in Beijing on Wednesday to discuss data privacy and security. Cook told China's Xinhua news agency (Via Reuters) that he had "very open" talks with a senior official.
Chinese vice premier Ma Kai, a member of the CPC Central Committee Political Bureau, met with the CEO of the world's most valuable company on Wednesday morning. They had discussed a series of topics including privacy and security. Cook described it as "very open", "fascinating" and "impressive", but he declined specifics.
As part of the interview, Cook also confirmed Apple's plan to launch Apple Pay and other technologies in China saying, "China is a really key market for us. Everything we do, we are going to work it here. Apple Pay is on the top of the list." Cook spoke to Xinhua News during his 4-day-long trip to China, which saw the CEO also visit a Foxconn factory in Zhengzhou City.
China is an increasingly important market for the Cupertino company, which now has 16 percent of the smartphone market share behind Samsung (23 percent) and Xiaomi (21 percent). Apple plans to expand its presence even further in the country by opening 25 new stores in the next two years.
Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.
Popular Stories
While Apple's early M1-based Macs can only officially support a single external display, there are ways around the limitation. Anker is launching a new 10-in-1 USB-C docking station today which delivers just that.
The Anker 563 USB-C dock includes two HDMI ports and a DisplayPort port, and it leverages DisplayLink to carry multiple video signals over a single connection. Given that this hub...
The Apple Watch Series 8 could feature an all-new design with a flat display, according to the leaker known as "ShrimpApplePro."
In his latest video on the YouTube channel Front Page Tech, Jon Prosser highlighted information from ShrimpApplePro that suggests the Apple Watch Series 8 could feature a flat display in what seems to be a design originally rumored for the Apple Watch Series 7. ...
Earlier this week, The Information's Wayne Ma outlined struggles that Apple has faced during the development of its long-rumored AR/VR headset. Now, in a follow-up report, he has shared several additional details about the wearable device. Apple headset render created by Ian Zelbo based on The Information reporting For starters, one of the headset's marquee features is said to be lifelike...
Apple today shared a new ad highlighting iPhone privacy features like App Tracking Transparency and Mail Privacy Protection that are designed to give users more transparency and control when it comes to their personal data being collected.
The ad revolves around a young woman named Ellie who discovers that her personal data is being sold at an auction house, with bids being placed on her...
Apple last week demonstrated its upcoming AR/VR headset to Apple board members, indicating that the device is in an advanced stage of development and could see a debut in the not too distant future, reports Bloomberg. Apple has also ramped up development of the software that runs on the headset, with that software expected to be called "RealityOS," or rOS for short. Render via designer Ian ...
Top Rated Comments
Probably true. Also true is how important China is for Apple. This means that like it or not, Tim has got to play the game. And play it well.
I leaned from my wife who is a Chinese...
It is interesting that you consider the poster's understanding of world finance to be shallow when you are simply repeating a conspiracy view that was hijacked by anti-government anarchists a long time ago.
Umm... wrong. Japan has only one twelfth the population compared to China, and is still a more powerful market. Germany, France, UK - all much smaller than China. Not understanding your illogical statement.
----------
Wrong. You neglect to consider the Crown Corporation with its worldwide chain of central banks including the Bank of England and the Federal Reserve. There is no free market anywhere any more, and your understanding of world finance and economy is very shallow.