Apple sets up first R&D center in Beijing

Workers prepare for the opening of an Apple store in Hangzhou, Zhejiang province, Jan 23, 2015.[Photo/Agencies] Apple Inc has set up its first research and development center in China, with registered capital of 100 million yuan ($14.99 million), local government said. The R&D unit is staffed with about 500 employees and its total investment will eventually…