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Tim Cook reportedly signed five-year $275bn deal with Chinese officials
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Tim Cook, the chief executive of Apple, signed an agreement with Chinese officials, estimated to be worth about $275bn, to placate threats that would have hobbled its devices and services in the country, The Information reported on Tuesday.
Apple did not immediately respond to a Reuters request for comment.
The five-year agreement was made when Cook paid visits to China in 2016 to quash a host of regulatory action against the company, the report said, citing interviews and internal Apple
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