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Apple Establishes Shanghai Subsidiary to Potentially Boost Intelligence Services
2025-01-11
Apple is deepening its footprint in the Chinese market with the creation of Apple Technology Development (Shanghai) Co., Ltd., a fully-owned subsidiary of APPLE SOUTHASIA PTE. LTD. boasting a registered capital of 257 million yuan. The new entity's scope of business encompasses software development, big data services, and more. Industry analysts speculate that this strategic move aims to expedite the rollout of Apple Intelligence services in China, underscoring the company's commitment to the Chinese market and its long-term development aspirations.
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