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Apple (AAPL) revealed plans to invest an additional $100 billion in US manufacturing commitments during a press event at the White House with President Trump on Wednesday.
The new investment — announced by Apple's Tim Cook — would increase the company's commitment to U.S. manufacturing to $600 billion over the next four years, a White House official said.
In a major move, Apple announced Wednesday it is partnering with Corning to manufacture all of its iPhone and Apple Watch cover glass in Kentucky.
President Trump has criticized Apple for manufacturing iPhones outside of the United States.
Apple will commit another $100 billion toward domestic manufacturing on Wednesday – a move that comes as the Trump administration slaps steep tariffs on India.
President Trump announced Apple will invest an additional $100 billion in manufacturing in the United States in an effort to increase domestic production and avoid tariffs, joined by Apple CEO Tim … ...
The next Apple Watches are expected to be released in September, and the sportiest model, the Apple Watch Ultra 3, may have a bigger display than ever.
The $2.5 billion investment will bring all cover glass production for iPhone and Apple Watch units to Corning’s Harrodsburg, Kentucky facility.