Tim Cook visits Singapore amid Apple's Southeast Asia expansion efforts
Publishing timestamp: 2024-04-18 03:47:51
Summary
Tim Cook is in Singapore as part of his tour around Southeast Asia, meeting with the city-state's next prime minister and incumbent. Apple recently announced a $250 million investment in its operations in Singapore. The company is focusing on expanding its presence in the region amid struggles in China. Cook's visit follows stops in Vietnam and Indonesia, where he met with developers, users, and the president. The company is looking to increase its business in Southeast Asia to offset recent challenges in global iPhone shipments. Cook is also highlighting Southeast Asia as an important manufacturing hub for Apple.
Sentiment: NEUTRAL
Tickers: AAPL,
Keywords: business news, business, tim cook, singapore, breaking news: technology, technology, apple inc, asia economy,
Source: https://www.cnbc.com/2024/04/18/tim-cook-visits-singapore-amid-apples-southeast-asia-expansion-.html