Apple execs met with Malaysian prime minister to discuss R&D investment

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As it expands into more markets, Apple executives recently met the Malaysian Prime Minister Najib Razak to discuss investment opportunities in the country, including R&D and app development centres.

In an official blog post, the Prime Minister revealed he met Apple COO Jeff Williams and government policy chief Lisa Jackson to discuss future investments in a visit to Apple’s headquarters in California. The Silicon Valley tour also took Razak to visit Tesla’s headquarters in Palo Alto.

Malaysia is keen to court technology companies that are keen on expanding into new and growing markets, a strategy that often includes significant injections of capital and other measures that help boost the economy. Razak wants the company to build a research and development centre that would enhance the firm’s presence in Asia, which already includes facilities in Shanghai, China and Yokohama, Japan.

Razak also suggested that Apple could help in the education of the youth in Malaysia by opening an app development centre. In January, the Cupertino firm opened the first iOS app development centre in Naples, Italy, to help developers with practical skills and training to grow the app ecosystem.

In its recent quarterly filing, Apple said it spent more than $2.4 billion on R&D in the first quarter of 2016. The number is on top of $51.3 billion in land property expenditures such as construction, maintenance and equipment.

SOURCE: najibrazak.com.

Larry Banks is a keen follower of technology and finance. He has worked for a variety of online publications, writing about a diverse range of topics including mobile networks, patents, and Internet video delivery technologies.

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