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Apple's Cook says he sees China's Tencent as a great partner

Published 06/12/2017, 07:16
Updated 06/12/2017, 07:20
© Reuters. Apple CEO Tim Cook attends the opening ceremony of the fourth World Internet Conference in Wuzhen

HONG KONG (Reuters) - Apple (NASDAQ:AAPL) Inc's chief executive Tim Cook said on Wednesday he sees Tencent Holdings, China's biggest social network and gaming company, as a great partner and thinks very highly of its founder Pony Ma.

Cook also told the Fortune Forum in Guangzhou that he couldn't be happier with how the iPhone X is doing in China.

China is Apple's third-largest region by sales, but it has lost market share in recent years as consumers switch to local rivals.

© Reuters. Apple CEO Tim Cook attends the opening ceremony of the fourth World Internet Conference in Wuzhen

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