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White House official: Apple to announce $100 bln pledge

Economy And Jobs,Manufacturing,Apple

From the Center

Apple Inc will announce a domestic manufacturing pledge of $100 billion on Wednesday that will focus on bringing more manufacturing to the United States, a White House official said.

The pledge would be a new financial commitment on top of what Apple has already pledged, the official said on customary condition of anonymity.

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Apple said in February it would spend $500 billion in U.S. investments in the next four years that will include a giant factory in Texas for artificial intelligence servers while adding about 20,000 research and development jobs across the country.

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