Apple Announces American Manufacturing Program, Promises to Spend $600 Billion

Apple contiguous said that it would increase its investment successful U.S. manufacturing to $600 billion, pledging an further $100 cardinal connected apical of the $500 cardinal it promised to walk successful the U.S. crossed 4 years earlier this year.


"Today, we're arrogant to summation our investments crossed the United States to $600 cardinal implicit 4 years and motorboat our caller American Manufacturing Program," said Tim Cook, Apple's CEO. "This includes caller and expanded enactment with 10 companies crossed America. They nutrient components that are utilized successful Apple products sold each implicit the world, and we're grateful to the President for his support."
Apple is establishing the American Manufacturing Program (AMP), which the institution says is dedicated to bringing precocious manufacturing to the United States. AMP partners see Corning, Coherent, GlobalWafers America, Applied Materials, Amkor, Texas Instruments, Samsung, GlobalFoundries, and Broadcom.


Apple plans to usage $2.5 cardinal of the AMP backing to grow its concern with Corning. Corning and Apple are moving unneurotic to make the "world's largest and astir precocious smartphone people accumulation line" in Corning's Kentucky factory. Apple says that 100 percent of the screen solid connected iPhone and Apple Watch models sold worldwide volition beryllium made successful the U.S. "soon." Apple and Corning are besides going to unfastened an "Apple-Corning Innovation Center" that volition make precocious materials and next-generation manufacturing platforms.

Apple is besides moving with respective different companies to grow U.S. manufacturing, with a afloat database available connected Apple's website.
This article, "Apple Announces American Manufacturing Program, Promises to Spend $600 Billion" archetypal appeared connected MacRumors.com

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