New rumor puts Apple R&D center in Shanghai
Friday, January 18, 2013 @ 10:39am
| Apple will announce the opening of a Chinese research and development center this summer, but it will be based in Pudong, Shanghai, a source tells CNET China. Pictures supplied by the source identify a target complex as three six-story buildings, making for a combined floor space of 10,000 square meters, or about 107,639 square feet. Apple allegedly started planning the R&D center about six to seven years ago; once the company moves in rent is expected to hit 50 million yuan per year, or roughly $8.04 million.
CNET dismisses a Tencent report that the R&D facility will be going up in Beijing. Notably, Apple CEO Tim Cook is himself said to have mentioned Beijing R&D plans to the city's acting mayor, Wang Anshun. It would however be improbable for Apple to start two R&D centers at the same time in the same country.