Apple's CEO Cook opens new store in Shanghai
Apple CEO Tim Cook arrives for the release of the Vision Pro headset at the Apple Store in New York City on Feb. 2. AFP-Yonhap
Apple CEO Tim Cook opened Apple's new store in Shanghai drawing a large crowd on Thursday, with some people queuing overnight, according to posts on Chinese social media.
Cook arrived in Shanghai on Wednesday, he said on his personal Weibo account.
Local media also reported him meeting with Apple's Chinese suppliers including Wang Chuanfu, founder and president of BYD, whose electronics arm supplies components to the U.S. firm.
Apple is battling falling iPhone sales in China and rising competition from domestic rivals such as Huawei. Apple's iPhone sales in China fell 24 percent year-on-year in the first six weeks of this year, according to consultancy estimates.
Cook is expected to travel next to Beijing to attend the China Development Forum, a gathering of foreign CEOs with top Chinese policymakers. (Reuters)