Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Under pressure, Apple may expand its US manufacturing base

by | May 25, 2021

Apple US manufacturing base,New York, (IANS) : Under pressure from the Trump administration to create more domestic jobs, Apple may soon broaden its $50 billion US manufacturing and supplier base, a media report said.

According to a report in Financial Times on Wednesday, Apple CEO Tim Cook said the company would also step in to defend net neutrality if the principle protecting even-handed management of internet traffic was threatened by the new head of the Federal Communications Commission, the US telecoms regulator.

“We love this country. We will continue to look for ways to expand and help in any way that we can,” Cook was quoted as saying at the company’s annual meeting in Cupertino on Wednesday.

He said that the world’s most valuable public company supports “several hundred thousand jobs” across its vendor base in addition to more than a million software developers who make their living through its App Store.

Cook noted that semiconductors, adhesives and glass screens for the iPhone are made in the US, the device’s final assembly is done in China and a large majority of Apple’s components are sourced from suppliers in Asia.

Two-thirds of Apple’s employees are in the US, he said, despite only a third of its revenues coming from its home country.

Having said that, we are always looking for more ways that we can help our country. We know that Apple could only exist in the US, Cook added.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

India pips US to become 2nd largest 5G mobile market, Apple leads

India pips US to become 2nd largest 5G mobile market, Apple leads

New Delhi: India has overtaken the US to become the world’s second-biggest 5G handset market for the first time, behind China, a report has mentioned. Global 5G handset shipments grew 20 per cent (year-on-year) in the first half of 2024, according to the Counterpoint...

Sale of smartphones worth Rs 1 lakh and above surge in India

Sale of smartphones worth Rs 1 lakh and above surge in India

New Delhi: With disposable incomes rising amid the premiumisation trend, the sales of luxury smartphones have surged in India in recent quarters, industry experts said on Tuesday. The smartphone shipments of Rs 1 lakh and above increased by 20 per cent (year-on-year)...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *