Apple Commits $100 Billion More Toward US Manufacturing
Apple says that it increases its investment in American production by an additional $ 100 billion over the next four years.
The company said on Wednesday in a large -scale announcement disclosed early by the White House which it will extend to $ 600 billion in total its commitment to hire more American workers and to extend part of its manufacturing in 10 states.
Apple CEO Tim Cook was to discuss the company’s investments in a press conference with President Donald Trump at the White House on Wednesday and unveil his American manufacturing program, which includes 100% of its Glass coverage development for its iPhone and Apple Watch Products in Kentucky in partnership with Corning. Apple plans to devote $ 2.5 billion to this effort produced alone.
In the announcement, Apple reiterated what he had previously said in February: that he also planned to hire 20,000 American workers during this period.
The White House did not immediately respond to requests for comments. An Apple representative pointed out from CNET to its online publications on manufacturing changes.
Apple shift strategy
Apple has moved how he produces his products this year in response to steep rates against countries where he manufactures most of his flagship products such as iPhones. Although Apple and other large technological companies do not manufacture smartphones in the United States, an assembly of products using components produced abroad can be done in the United States.
The company has moved a certain production from China to countries, including India and Vietnam, to bypass prices and to reduce its dependence on the vast supply chains for China. Smartphones manufacturers have been faced at rates as high as 25% and Apple is trying to avoid high price increases on its products. The company is preparing for the launch of the iPhone 17 in September.
Apple’s announcement included news from partnerships with companies that include Texas Instruments, Broadcom, Applied Materials, TSMC and others. Some of these efforts will include an increase in the development of fleas and manufacturing at the national level.
The company has also opened a new factory that produces servers for the company in Houston. He will prepare for mass production next year. Apple said these servers will contribute to its Apple intelligence efforts.
