Yesterday we reported that Apple's CEO met with Vice Premier Ma Kai reportedly to exchange views on "protection of users' information" as well as "strengthening cooperation in information and communication fields." While in China, Cook made sure to get out to Foxconn and spend some time on the Foxconn factory floor to see how the iPhone 6 production was going and to meet some of the great employees who are under the gun to ramp up production.
Although it was a photo op, we can see in our cover graphic that Cook and Foxconn employee Zhang Fan are having a good laugh at something. Perhaps they were debating over what to order in for lunch or Zhang asking Cook to stay and work a shift with her to see what it's like to be a Foxconn employee. Huh, what millionaires will do for fun these days. Later on in the day, Cook made various other comments about the Chinese market in an interview with Sina.
Apple's Tim Cook said in an interview with Sina Corp. that Apple plans to more than double the number of stores it operates in the Greater China region in the next two years. The number of outlets will increase to 40 in the region, which includes the mainland, Hong Kong and Taiwan, from 15 now.
Cook also noted the he'll be meeting with billionaire Jack Ma, founder of Alibaba that recently went public on the New York Stock Exchange. Is Apple looking to strike a deal with Alibaba? Only time will tell.
Lastly, in a second report from China, we learned that Cook spent about two hours during his inspection of the iPhone 6 plant. Cook also listened to reports on construction of three new Foxconn workshops in Zhengzhou. The current factories in Zhengzhou that are dedicated to making iPhones roughly employs 300,000 workers.