Apple will open a research and development centre in Shanghai’s Pudong district in summer 2013, according to China Business News.
Though the Cupertino company was reportedly considering opening shop in Beijing, Apple has filed registrations with the Shanghai Municipal Administration for Industry and Commerce for three buildings in Pudong, with one dedicated to procurement management and R&D.
Previous reports on the R&D center held that Apple has been laying out the project for the past six or seven years, aiming to take up residence in the space this summer. The center’s exterior is reportedly complete, though its interior has yet to be decorated. Annual rent for the facility is estimated at 50 million yuan, or more than $8 million.
Apple has identified China as a major area of growth for the future. Speaking during the company’s first quarter of fiscal 2013 conference call, CEO Tim Cook described China as “already [Apple’s] second largest region,” noting that Apple’s revenues in Greater China were $7.3 billion for the quarter.
Apple has struggled to replicate early success in China, lagging behind international rivals and local competitors.