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Apple CEO Tim Cook reportedly signed a secret $275 billion deal with China in 2016 to skirt challenges with government regulators

Business Insider
Business Insider
 2021-12-07
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Apple CEO Tim Cook. Photo by Justin Sullivan/Getty Images
  • Apple's Tim Cook struck a $275 billion deal with China to ease a crackdown on its business there, per The Information.
  • Apple agreed to help firms build "the most advanced manufacturing technologies" and invest "many billions of dollars" more in China.
  • At China's direction, the company misrepresented the size of disputed islands on Apple Maps under threat of losing Apple Watch approval.

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