Apple Investment

Apple Investment

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Apple announced an additional $100 billion investment in the US, raising its total commitment to $600 billion. This investment will focus on manufacturing and research, including the establishment of an American Manufacturing Program (AMP) aimed at incentivizing global companies to produce critical components domestically. The announcement was made during a press event at the White House with President Trump, who has been pressuring Apple to shift more manufacturing to the US amid tariff threats on imported iPhones.

The investment includes partnerships with several companies, such as Corning and Texas Instruments, to enhance domestic production capabilities. Apple plans to produce all cover glass for its iPhones and Apple Watches at Corning's facility in Kentucky and has entered agreements to develop new chipmaking technologies with Samsung and others. This move is seen as a response to the Trump administration's push for increased domestic manufacturing, which could significantly impact Apple's supply chain and operational strategies.

Why it matters

This investment underscores Apple's commitment to US manufacturing amid regulatory pressures and could reshape its supply chain dynamics.

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