Apple’s first China research center will develop hardware, landlord says

The Wall Street Journal:

Apple Inc.’s first research center in China will be a $45 million facility located in the capital to develop hardware, the site’s landlord said, announcing some of the first details of the project.

The new center will focus on developing advanced technologies, including computer hardware and communications, audio and video equipment and other devices, state-owned Zhongguancun Science Park Administrative Committee said in a social media post Thursday. It said the center will have 500 employees.

China is extraordinarily important to Apple. This is the first in a series of these kinds of investments.