President Donald Trump in an announcement has revealed that Apple is apparently planning to build three manufacturing plants in the US in a partnership with Foxconn or some other assembly company.
Apple Chief Executive Tim Cook has supposedly promised the president "three big plants - big, big, big," Trump said in a recent news Interview.
Apple however declined to comment on the matter. There has been no information on where the plants will be set up or what they will manufacture. But considering that Apple hands off its assembly responsibilities to third parties, and the fact that Foxconn may announce its plans to bring plants to the U.S. as early as this week, it's likely that Apple's plans are in partnership.
In May, Apple has also announced the creation of a new $1 billion advanced manufacturing fund in the U.S., intended to help stimulate job growth in its home country. The move came amid political pressure to repatriate jobs lost to overseas firms. Trump's administration has made job creation a major platform goal, and the president has repeatedly called on tech companies like Apple to produce their devices in the U.S.
Though Apple hasn’t confirmed the statement to be true, but soon people will know the details once the company makes an official announcement.
Tags: Apple, President Trump, President Donald Trump, Apple Chief Executive Tim Cook, apple plants, Foxconn
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.