Saturday, 21 October, 2017

Trump says Apple's building 3 plants in the US

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Cecilia Poole | 27 July, 2017, 14:37

In an interview with The Wall Street Journal, President Trump revealed Cook's promise that Apple will build "three big plants, lovely plants" in the United States. For instance, Cook may have said that Apple's suppliers are building new factories in the U.S., rather than Apple itself. Trump had then stated it would be one of his goals to convince Apple to set up a "big" manufacturing plant in America if elected. In a recent interview, President Trump claims that the company has finally promised to bring some of those manufacturing jobs to Americans by building three plants.

Apple have not announced anything about these new factories, but Donald Trump recently revealed the company's plans, you can see what he said below.

Aside from the cheaper costs of labor, there is also the matter of shielding itself from risks of defective parts that makes Apple more enthusiastic about foreign manufacturing.

However the company relies primarily on contractors, such as Foxconn, to assemble the iPhone and iPad and only owns one small manufacturing facility in Cork, Ireland. Realistically, it wouldn't cost Apple a tremendous amount to bring a few jobs back to the USA, mainly because foreign labor costs are starting to rise.

Mr. Cook also said the company planned to invest at least $1-billion (U.S.) to support advanced manufacturing companies in the United States.

Apple already committed to invest $2 billion in ventures that will invest in US-based manufacturing, but we're far from seeing any results.

It must be noted that an announcement from Foxconn regarding Apple factories in the U.S.is expected as early as this week.

Apple's commitment to the U.S.

It is unclear where the jobs are coming from. Previously, Trump has threatened to place hefty trade tariffs on Chinese-made goods.

"We're gonna get Apple to start building their damn computers and things in this country, instead of in other countries".

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