Tim Cook Strengthens Apple's Commitment to China Amid AI Delays

Apple CEO Tim Cook pledges increased investment in China while addressing the challenges of launching AI services in the country.

Tim Cook's visit to China underscores the significance of the market, which accounts for 19% of Apple's revenue, despite rising competition and regulatory hurdles.
Apple plans to boost its investment in China's industrial and supply chains, reinforcing its long-term commitment to the region.
Cook's discussions with China's Minister of Industry and Information Technology focused on data security, cloud services, and Apple's future development in China.
The anticipated launch of Apple's AI service, Apple Intelligence, faces delays in China due to regulatory challenges.
Apple's latest iPhone 16 models have seen a 20% sales increase in China, although the company faces stiff competition from local brands.