Apple R&D Centers: Is Apple R&D Coming to Shanghai in the Near Future?

“Apple will announce the opening of its R&D center in China this summer, but instead of being located in Beijing as rumored, the center will be situated in Pudong, Shanghai, an unnamed insider source told CNET today.”

“According to the pictures provided by the source, the center consists of three six-story Baroque style buildings with total floor area standing at approximately 10,000 sqm.”

“The company began the plan to build its R&D center in China some 6-7 years ago; the total annual rent for the three buildings will exceed CNY 50 million (USD 8.04 million).”

What are your thoughts on Apple Inc. (NASDAQ:AAPL) putting so many resources into the Chinese market? Is this a good idea for the tech giant? Share your thoughts below in the comment section.

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DISCLOSURE: I have no positions in any stock mentioned.

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