White House says Apple to invest billions in US manufacturing
Briefly

The White House is anticipating an announcement regarding Apple's $100 billion investment in U.S. manufacturing, aimed at job creation. Apple intends to move parts of its supply chain to the U.S., a move that supports national security. White House economic adviser Kevin Hassett indicated that numerous companies are committing substantial sums for new factories domestically. Previously, Apple pledged $500 billion for investments, including a new Texas factory and an additional 20,000 R&D jobs over the next four years. This investment is part of a broader effort to boost U.S. manufacturing capabilities.
Kevin Hassett noted that many companies are committing trillions of dollars to build new factories in the U.S. and that Apple is likely to announce a deal soon.
Apple aims to invest $100 billion in manufacturing within the U.S., focusing on creating jobs and reshoring critical components to enhance America’s economic and national security.
The investment by Apple aligns with the administration's emphasis on revitalizing domestic manufacturing and ensuring key supply chains are based in the U.S.
Apple previously announced a $500 billion investment over four years that includes a significant factory in Texas and 20,000 R&D jobs.
Read at www.aljazeera.com
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