Apple announced that it will invest a total of $ 500 billion in the United States over the next four years. The company’s CEO Tim Cook made this announcement at the event organised for the 100th day of US President Donald Trump’s inauguration.
Apple will make a record investment in the US
In his speech, Cook also gave details of Apple’s plans to improve its production infrastructure in the US and strengthen local supply chains. Accordingly, the company will expand its existing facilities and teams in Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina and Washington states.
In Texas, a new production facility focusing on artificial intelligence technologies will be established. This facility will be a strategic centre for the production of next-generation technologies. But Apple’s investments will not be limited to this.
The company will also double the advanced manufacturing fund it has established to support its suppliers. This fund will further strengthen Apple’s ties with more than 9,000 suppliers in all 50 states.
The announced plan directly means 20 thousand new jobs. The company’s growing operations will both contribute to efforts to localise high-tech production and contribute to the American workforce.
Apple’s massive investment in the US may be a step that will enable the company to get out of the global crisis with as little impact as possible. So what do you think about this issue? Do you think Apple’s move makes sense? You can easily share your opinions with us in the comments section below.
