Apple Inc. plans to open its second research and development center in China, a move that could help bolster the tech giant’s presence in a lucrative market. The Cupertino, Calif., company said Wednesday it would open a facility next year in the manufacturing hub of Shenzhen. Last month, Beijing was revealed to be the site of the first research and development center Apple will open in China. Apple plans to eventually invest $45 million in the Beijing facility, which will have 500 employees, according to the state-run China Daily newspaper. At the time, analysts said the Beijing center could help Apple better understand the vital Chinese market, as well as maintain goodwill with the Chinese government.

Source: Los Angeles Times October 12, 2016 15:06 UTC