Apple Tim Cook CEO from the Apple headquarters on September 9, 2024 in Cupertino, California.
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apple ((Aapl-04 %)) CEO Tim Cook met with those called the “new generation of developers” in Deep Seick’s birthplace in Hangzhou, China on Wednesday.
Cook announced the visit and the new Apple Application Fund to support developers and businessmen at the Hangzhou -based Zhezhou University, in A. mail On the Chinese social media platform Webo ((WB-0.76 %)).
The company said it was Donate 30 million yuan, or about $ 4.1 millionTo the university, which is the founder of Deepseek Liang Wengfeng and other Chinese technology executives as graduates.
Apple and Zhejiang University creates the incubator together, which will provide technical training in areas such as applications and product design for new developers. The incubator is adopting a partnership that will last for a decade between the university and the technology giant in the mobile phone creation competition, which supported thousands of contestants from universities throughout China.
“We believe that coding is a powerful tool that enables people to create, communicate and solve problems in completely new ways,” Cook said in a statement.
Ren Shobu, party secretary at the University of Zhejiang, said that the school is “very pleased” by continuing its “partnership with Apple” to develop new talents with the comprehensive development of knowledge, ability, quality and personality.
Cook visit to Hangzhou with New American business restrictions Against dozens of Chinese technology companies. The Trump administration added more entities from China and a large number of other countries to the list of American entities on Wednesday, noting the concerns of national security and foreign policy.
Meanwhile, Apple announced earlier this week that it owns it I committed up to 720 million yuan, or about 99.3 million dollarsFor the second stage of the China Clean Energy Fund, which is Declare In 2018 with the aim of connecting Chinese suppliers to renewable energy sources. The initial commitment was aimed at approximately $ 300 million of joint investment between Apple suppliers and Chinese suppliers over a period of four years.