Apple’s Tim Cook Reportedly Signed $275B Deal With Chinese Officials

Apple Inc. Chief Executive Tim Cook signed an agreement with Chinese officials, estimated to be worth about $275 billion, to placate threats that would have hobbled its devices and services in the country, The Information reported on Tuesday, citing interviews and internal Apple documents.

Apple did not immediately respond to a Reuters request for comment.

© 2021 Thomson/Reuters. All rights reserved.

There is no custom code to display.