China has unique characteristics, in that its mobile payment market is well ahead of the US and local consumers have a greater willingness to change habits, said Tim Cook at the China Development Forum in Beijing. ( Image for representation, Source: Reuters) China has unique characteristics, in that its mobile payment market is well ahead of the US and local consumers have a greater willingness to change habits, said Tim Cook at the China Development Forum in Beijing. ( Image for representation, Source: Reuters)Apple Inc. doesn’t have a specific goal for market share in China, where it faces the fiercest local competition anywhere, Chief Executive Officer Tim Cook said. He added that Apple’s new research and development centers in the country should help the company reach China’s university community. He said that Apple’s innovation can drive job creation in China, and that app development for Apple already supports almost two million jobs in the country.

Source: Indian Express March 18, 2017 13:07 UTC