Will iPhone prices go up? Apple is investing US$100bil in US manufacturing


Apple said it intends to hire 20,000 US workers these next four years, with core focuses among four areas: research and development, silicon engineering, software development, and AI. — Photo by Hector RETAMAL/AFP

Apple’s pledge to invest an additional US$100bil (RM423bil) in the US will create a new US manufacturing program that not only aims to create thousands of jobs, but will also eventually outfit future iPhones and smartwatches with glass screens that are fully made in America.

Apple CEO Tim Cook unveiled the new investment Wednesday (Aug 6) evening at the White House alongside President Donald Trump. The news notches up Apple’s commitment to invest in the US to a total of US$600bil (RM2.5 trillion) over the next four years to help shore up domestic manufacturing.

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