Reported 24 days ago
Apple announced a $100 billion investment in US manufacturing during a press event with President Trump, building on a previous $500 billion commitment. This new investment aims to boost domestic production through the American Manufacturing Program, partnering with companies like Corning and Texas Instruments. The initiative follows pressure from the Trump administration, which threatened tariffs on iPhones produced overseas. Despite the challenges of manufacturing in the US, Apple is committing to produce cover glass for its devices at Corning's Kentucky facility and aims to develop a new silicon supply chain within the country.
Source: YAHOO