Apple will announce the opening of a Chinese research and development center this summer, but it will be based in Pudong, Shanghai, a source tells CNET China. Pictures supplied by the source identify a target complex as three six-story buildings, making for a combined floor space of 10,000 square meters, or about 107,639 square feet. Apple allegedly started planning the R&D center about six to seven years ago; once the company moves in rent is expected to hit 50 million yuan per year, or roughly $8.04 million.
