Apple announces Vietnam spending boost as CEO visits Hanoi

Cook (centre) walks near Hoan Kiem lake in downtown Hanoi during his visit to Vietnam on April 15, 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: Tech giant Apple said April 15 it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived in the country for a two-day visit.

The iPhone maker announced the news in a statement on its website but gave no details of how much it would spend or where the money would go.