Apple Opening Research Center in Shenzhen, China
Shares of Apple were higher on Wednesday after saying it will open a research and development center in Shenzhen, China.
Shares of Apple (AAPL) - Get Report were higher on Wednesday after saying it will open a research and development center in Shenzhen, China. The announcement comes after the company disclosed plans last month for a $45 million research and development center in China's capital Beijing. The two centers in China reflect Apple's continued push for growth within the country. (Apple is a holding in Jim Cramer's Action Alerts PLUS portfolio).
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Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long AAPL stock.
