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Apple to invest $100bn after pressure from Trump
The president had been pressing Apple to do more of its manufacturing in the US.
During a formal announcement at the White House on Wednesday, the president said that as part of the investment, Apple would "massively" increase spending on its domestic supply chain, including by creating new data centres across the country and building a smart glass production line in Harrisburg, Kentucky that will be used in iPhones and smartwatches. Analysts said any significant change to Apple's supply chain would take time, but the company's promise might help it win lighter treatment from the White House, given Trump's focus on increasing business investments in the US. "Today's announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America's economic and national security," a White House spokesperson said.
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