AppleInsider Staff
Amidst an expansion into secondary and tertiary markets, Apple executives recently met with Malaysian Prime Minister Najib Razak to discuss potential investment opportunities in the region, including R&D and app development centers.
In post to Razak's official blog the prime minister said he sat down with Apple COO Jeff Williams and government policy chief Lisa Jackson to talk future investments in a visit to Apple's headquarters in Cupertino, Calif. The Silicon Valley tour also took Razak to Tesla's HQ in Palo Alto.
Malaysia is apparently looking to curry favor with tech companies keen on extending their reach into burgeoning markets, a strategy that often consists of significant capital infusions and other economy-boosting contributions. Razak is pushing to land an Apple R&D center that would add to the company's already formidable presence in the Asia-Pacific region, which includes large facilities in Shanghai and Yokohama, Japan.
Razak also suggested Apple might play a role in the education of Malaysia's youth with the opening of an app development center. Apple in January opened its first iOS App Development Center in Naples, Italy, to give developers in Europe practical skills and training needed to contribute to a quickly growing app ecosystem. At the time, the company said it had plans to open similar centers in other countries, but failed to offer details on the matter.
In a recent quarterly results filing Apple said it spent north of $2.4 billion on R&D operations during the first fiscal quarter of 2016. That number is in addition to $51.3 billion in gross land property expenditures like facility construction costs, maintenance and equipment resources.
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3 Comments
Quietly taking over the world…
Malaysia would be high on my list of no-way countries.
Malaysian government is extremely corrupt. Don't expect to get things done without having to pay and pay and pay bribes.
Its racial discrimination is carried through extreme lengths that deprives and disadvantages races other than indigenous Malays. Many of these Malays are then unfairly granted places in the Universities and standards have to be lowered to allow many of them to graduate.
The brain drain from Malaysia of non Malays is staggering. The resentment among the non Malays is unsurprisingly extreme.
By all means set up shop in Malaysia. If you can cope with the corrupt bureaucracy and are happy hire staff based on the color of their skin.
Just send someone to Malaysia to ascertain the veracity of this post.
Apple must be mad to invest in Malaysia.