Investment Overview - Apple is increasing its investment in the U.S. by $100 billion, reaching a total projected investment of $600 billion over the next four years [1][2] - The investment is part of the new American Manufacturing Program (AMP), which aims to enhance advanced manufacturing in the U.S. [2] Job Creation - Apple plans to hire 20,000 people in the U.S., primarily in research and development, silicon engineering, software development, and artificial intelligence and machine learning [2] Partnerships and Manufacturing - Through the AMP, Apple will collaborate with companies such as Corning, GlobalWafers America, Applied Materials, and Texas Instruments [3] - Apple is bringing touchscreen manufacturing to Corning's factory in Kentucky, ensuring that all iPhones and Apple Watches sold globally will feature Kentucky-made cover glass [3] - The company aims to establish an end-to-end silicon supply chain in the United States [3] Facility Expansion - Apple is expanding its U.S. facilities, with new construction projects in Houston and Maiden, North Carolina, to produce servers and enhance data center capacity [4] - Additional data center expansions are underway in Iowa, Nevada, and Oregon [4] Regulatory Context - These investments follow demands from the Trump administration for Apple to relocate manufacturing to the U.S., with threats of a 25% tariff on devices if compliance was not met [5] - The announcement also coincides with a new 25% tariff on goods imported to the U.S. from India, in addition to existing tariffs on Chinese imports [5][6]
Apple Skirts Tariffs With $100 Billion US Manufacturing Investment