It's no secret that Applu has been doing exceptionally well in China for many years. However, as it has now turned out, this absolutely did not have to be the case. The Information portal managed to find out that in 2016 it closed Apple cooperation agreement with China, which ensured him a de facto free hand in doing business in the country.
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According to available information, Chinese smartphone manufacturers have been lobbying the local government to restrict sales of American iPhones in the country. However, this would Appcaused major complications in business, which is why he decided to convince the local government to cooperate in the form of an investment Appin the country to the tune of $275 billion over the next few years. Of course, the government there heard about this, and Apple opened the door in terms of iPhone sales. Besides, she didn't hear it yet. Money from Applu flowed, for example, to the state carpooling service or to companies producing computersonenty for iPhones, which were supposed to increase the demand Apple tie.
He made the deal Apple specifically for 5 years with the proviso that if both the Chinese side and Apple to agree, in May of this year it should have been automatically extended for another year. Whether that happened or not, The Information's sources did not reveal, but considering what position it has Apple still in China and how it is going "in the country's favor" it is very likely that the agreement has been renewed. How will relations AppWhat the relationship with China will look like after the deal ends, however, only time will tell.
