Apple has announced a $500 million investment in the US over the next four years, including a large factory for Texas artificial intelligence servers, creating approximately 20,000 R&D jobs nationwide.
This announcement follows a meeting between Apple CEO Tim Cook and Donald Trump. With the threat of 10% tariffs on products assembled in China, Apple has secured exemptions for its iPhone manufacturers.
In a similar move during the first Trump administration, Apple committed to investing $350 billion in the US economy over five years.
The new $500 million investment will cover various expenses, from sourcing from US suppliers to producing TV shows and movies for Apple TV+ services. Apple has not disclosed specific details of its spending plans with suppliers like Corning.
While some Apple components are made in the US, most consumer products are assembled in China. A 10% tariff could impact the costs of flagship products like the iPhone.
Apple has begun mass-producing chips with its own design at its Arizona plant, signaling a significant investment in US chip manufacturing.
Apple’s collaboration with Foxconn to build a facility in Houston for assembling advanced servers demonstrates their commitment to US manufacturing. They also plan to expand data centers across several states.
Apple is increasing its Advanced Manufacturing Fund and partnering with TSMC in Arizona. This investment aims to support infrastructure development for Apple’s partners.
In addition, Apple has launched a manufacturing academy in Michigan to offer free courses to local companies in areas like project management and manufacturing process optimization.
Source: www.theguardian.com
