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Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

  • Billionaire company founders Wang Chuanfu of BYD and Lens Technology’s Zhou Qunfei met Tim Cook for an informal meeting at Apple’s Shanghai office
  • The meeting with key suppliers was held ahead of the opening on Thursday of the 57th Apple Store in the US tech giant’s Greater China region

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Apple chief executive Tim Cook greets a throng of visitors at the opening of the company’s new retail store in Shanghai’s Jing’an district on March 21, 2024. Photo: Weibo
Iris Dengin Shenzhen
Apple chief executive Tim Cook’s whistle-stop tour of Shanghai has put the spotlight on three key suppliers in mainland China, as the US tech giant looks to soothe concerns of a manufacturing supply chain shift out of the world’s second-largest economy.
At Apple’s office in Shanghai, Cook on Wednesday met two billionaire company founders: Wang Chuanfu, the chairman and chief executive of the world’s largest electric vehicle maker BYD, and Zhou Qunfei, the chairwoman and chief executive of touch screen manufacturer Lens Technology.

Also present at the meeting was Chen Xiaoshuo, chief executive at electronic components manufacturer Shenzhen Everwin Precision Technology.

Cook’s get-together with the three contract manufacturing partners was held ahead of the opening on Thursday of a new Apple Store in Shanghai’s Jing’an district, the centre of China’s financial hub. It is the 57th Apple Store in the company’s Greater China region, which includes Hong Kong, Taiwan and Macau.
Apple chief executive Tim Cook meets with the leaders of three key mainland suppliers in Shanghai on March 20, 2024. From left to right: Chen Xiaoshuo of Shenzhen Everwin Precision Technology, Lens Technology’s Zhou Qunfei and BYD’s Wang Chuanfu. Photo: Handout
Apple chief executive Tim Cook meets with the leaders of three key mainland suppliers in Shanghai on March 20, 2024. From left to right: Chen Xiaoshuo of Shenzhen Everwin Precision Technology, Lens Technology’s Zhou Qunfei and BYD’s Wang Chuanfu. Photo: Handout
The meeting reflected Cook’s efforts to give assurances to Apple’s supply chain partners on the mainland, even as the company’s other electronics contract manufacturers diversify their operations into countries like India and Vietnam.
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