To boost local talent, tech giant Apple has announced it would invest $508 million in China to build two additional Research and Development (R&D) centres in Shanghai and Suzhou.
Apple is also said to launch a 5.8-inch iPhone 8 with an OLED display
Apple said it has partnered with component supplier Ibiden
The report also claimed that priced at $1,000, iPhone 8 will be the most expensive smartphone Apple
Apple has launched a public campaign to promote its Apple Music subscription service
Apple also wants to open its own stores in India
At present, Apple has no wholly-owned store in India & sells its products through distributors
Apple would mainly be interested in the promise of the technology than pure resources
Others in top 10 include Disney, Alphabet, General Electric, Southwest Airlines, Facebook, Microsoft
Apple's move comes as it seeks to boost its share in the world's fastest growing major mobile market
Analysts are predicting a further gain in Apple shares in the next year
Its increase helped balloon the S&P 500's market capitalisation beyond $20 trillion for the first time
BeatsX earphones deliver up to eight hours of battery life
Shipping 44.9 million iPhones to China, Apple has beaten Xiaomi, touted as the 'Apple' of China that shipped 41.5 million smartphones and slipped to fifth spot, market research firm International Data Corporation (IDC) has revealed.
Apple and Samsung have steadily ceded ground in China to aggressive local manufacturers
He clarifies that the government does not take any policy decision for a particular company
While an official agreement is yet to be signed, Apple supplier Wistron has already started preparations
Cupertino, California-based Apple, is keen to assemble its phones in India
Apple's shares were up 5.1% at $127.40 after the company's earnings
Apple had a market share of 17.8%, while Samsung had 17.7% share in the October-December 2016 quarter