According to a new report, Apple CEO Tim Cook secretly signed a $275 billion agreement years ago with the Chinese government in which he promised Apple would aid China’s economy and tech industries with investments as well as worker training.
The Information reported on Tuesday, “iPhone recently became the top-selling smartphone in China, its second-biggest market after the U.S., for the first time in six years. But the company owes much of that success to CEO Tim Cook, who laid the foundation years ago by secretly signing an agreement, estimated to be worth more than $275 billion, with Chinese officials promising Apple would do its part to develop China’s economy and technological prowess through investments, business deals and worker training.”-- More...
