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Apple to open first store in Malaysia as Asia expansion continues - TL;DR CNBC

Apple to open first store in Malaysia as Asia expansion continues

Publishing timestamp: 2024-05-29 04:47:09


Summary

Apple plans to open its first store in Malaysia next month, continuing its push into the Asian market beyond China. The store will be located at Exchange TRX mall in Kuala Lumpur and will open on June 22. This move is part of Apple's strategy to expand its sales in Asia, particularly in countries like India where it has already opened stores. Apple is facing competition from local players in China, but is hoping to drive sales in markets like Malaysia where it manufactures some of its products locally.


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Tickers: AAPL1810-HK

Keywords: asia economysmartphonesentertainmenttechnologykuala lumpurchinamalaysiaapple incbusiness newsiphonexiaomi corp

Source: https://www.cnbc.com/2024/05/29/apple-to-open-first-store-in-malaysia-as-asia-expansion-continues.html


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