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Apple says to add two more R&D centres in China
March 17, 2017 / 7:28 AM / 6 months ago

Apple says to add two more R&D centres in China

An Apple iPhone 7 and the company logo are seen in this illustration picture taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignain/Files

HONG KONG (Reuters) - Apple will set up two new research and development centres in Shanghai and Suzhou in China, it said in a statement in its Chinese website on Friday.

Apple said it is adding the two new locations after the two previously announced centres in Beijing and Shenzhen.

It has pledged to invest more than 3.5 billion yuan ($508 million) in research and development in China.

The four centres are expected to open later this year, it said.

($1 = 6.9024 Chinese yuan renminbi)

Reporting by Sijia Jiang; Editing by Muralikumar Anantharaman

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