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NewsPoster Jan 28, 2013 10:15 AM
City of Shanghai confirms Apple plans for R&D center
Apple is opening a research and development center in Shanghai this summer, the Shanghai Municipal Commission of Commerce has announced. The company is <a href="">said</a> to have secured three buildings in Pudong, the city's main finance and commerce district, of which one will be devoted to procurement management and R&D. Apple itself has yet to make an announcement, but the company rarely talks about its infrastructure projects.<br /><br />The announcement appears to line up exactly with a <a href="" rel='nofollow'>report from earlier this month</a>, although details such as square footage and the cost of the venture haven't been confirmed. If the <em>CNET</em> account is true, Apple may have to spend about $8.04 million per year to rent the three buildings. Combined the facilities are thought to offer roughly 107,639 square feet.

<em>Tencent</em> claims that Apple is working on a Beijing R&D center have largely evaporated. CEO Tim Cook allegedly mentioned the center to Beijing's acting mayor earlier this month, but nothing has emerged since. It's unlikely that Apple would establish two R&D centers in the same country, at least not in quick succession.
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