Source link : https://tech365.info/apple-pledges-to-spend-one-other-100-billion-on-us-manufacturing-updated/
President Donald Trump will announce Apple’s new funding of a further $100 billion in home manufacturing on Wednesday, in line with a brand new report. It’s a part of a brand new program designed to deliver extra of the corporate’s provide chain to American shores.
Apple CEO Tim Cook dinner confirmed the extra funding in U.S. manufacturing Wednesday afternoon.
“Apple is expanding our US commitment to $600 billion over the next four years,” he wrote on X. “And our new American Manufacturing Program will bring even more jobs and advanced manufacturing to the US.”
Apple invests extra in US manufacturing with pledge to spend one other $100 billion
The announcement, anticipated to come back from the White Home at 1:30 p.m. Pacific, represents Apple’s newest effort to increase U.S. manufacturing of its merchandise whereas probably avoiding punitive tariffs on its iPhone lineup, Bloomberg reported. The brand new manufacturing initiative will deal with producing important elements domestically. The hope is that can strengthen America’s technological infrastructure and scale back reliance on abroad suppliers.
Apple’s rising US dedication reaches $600 billion
This newest pledge brings Apple’s whole US funding dedication to $600 billion over the subsequent 4 years. Earlier this 12 months, the corporate introduced plans to spend $500 billion domestically. That included creating a brand new server manufacturing facility in Houston, establishing a provider…
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Author : tech365
Publish date : 2025-08-06 21:30:00
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