Apple CEO says that he wants to increase investments in Vietnam

Vietnam's Prime Minister Pham Minh Chinh (right) shakes hands with Apple CEO Tim Cook during a meeting at the Government Office in Hanoi on Tuesday, April 16, 2024. Tech giant Apple said it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived on April 15, 2024 in the country for a two-day visit. - AFP

HANOI, Vietnam (AP): Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the South-East Asian manufacturing hub.

Vietnam has become more important to Apple as the company seeks to diversify its supply chains away from China, where most of its smartphones and tablets are assembled.