Apple announced a $100 billion investment to enhance domestic manufacturing under the new American Manufacturing Program. The program focuses on increasing investments across the United States to $600 billion over four years. While iPhone production remains offshore, Apple plans to manufacture components domestically, including an expansion of partnerships with companies like Corning for glass production in Kentucky and a new deal with Coherent for Face ID components in Texas. Domestic semiconductor partnerships will also be expanded, reinforcing Apple's ongoing commitment to US manufacturing.
Apple CEO Tim Cook stated, "We're proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program."
The new American Manufacturing Program will see Apple invest in growing its domestic manufacturing commitments in different directions, expanding partnerships with US firms like Corning and Coherent.
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