Apple Inc plans to invest 3.5 billion yuan (US$507 million) on research centers in China, including two new research centers in Shanghai and Suzhou.
Through the four Chinese research centers in Beijing, Shenzhen, Shanghai and Suzhou, respectively, Apple will strengthen research and engineering capability, as well as the cooperation with local technology partners in China. The four centers will be opened “later this year”, according to Apple’s website today.
Some employees and interns of the upcoming research centers will come from local elite universities, including Peking University and Tsinghua University.
Currently, Apple has created 4.8 million jobs in China, 1.8 million iOS application developers and employees of its local offices and stores, the company said.
The expansion in China is expected to help Apple gain market shares and influence in the domestic market, where China-brand Huawei, Oppo and Vivo dominate the smartphone market. They are developing flagship smartphones to challenge Apple and Samsung in the high-end market, analysts said.