Apple Investors Reject China Supply Chain Proposal
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Apple Inc. shareholders rejected a proposal for a report on the company's reliance on China for manufacturing. This decision aligns with Apple's strategy to diversify its supply chain, expanding production to India, Vietnam, and the U.S. CEO Tim Cook announced plans for annual dividend increases while focusing on innovation, including AI. Cook's compensation remained steady at approximately $74.29 million, with a slight increase in opposition to the executive pay package, rising from 7.6% to 8.6% of votes against it.
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