Iphone developers face tariffs: After meeting with Trump: Apple announces massive US investments
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The US company faces import tariffs if it continues to have its products assembled in China.
(Photo: picture alliance / Sipa USA)
A meeting with President Trump leads to changes in Apple's cost policy. In the future, the mega-corporation will focus more on its home locations rather than on China. A lot of money will be spent on this. Trump thanks him and sees his decision vindicated.
Following Donald Trump's victory in the presidential election, Apple announced massive investments in the USA. The iPhone developer announced that the company would spend a total of 500 billion dollars over the next four years. This includes setting up a production facility for high-performance servers for artificial intelligence (AI). The planned projects would create around 20,000 jobs in research and development.
The announcement came a few days after Apple CEO Tim Cook met with Trump. The US company is facing import tariffs because it has many of its products assembled in China. During Trump's first term in office, Apple was spared additional duties thanks to an exemption. At the time, the company had promised investments of 350 billion dollars over a period of five years. In a post on his platform Truth Social, Trump thanked Apple and Cook. The decision reflected their trust in his government.
According to the information, the announced investments also include orders from suppliers - and the production of films and series for the streaming service Apple TV+. The company did not want to answer the question of what part of the total sum was planned for orders from US suppliers anyway.
Apple is also intensifying its collaboration with Foxconn, the most important iPhone contract manufacturer. The two companies want to jointly build a factory to build AI servers that will run the software for the AI functions known as "Apple Intelligence". These computers are currently being assembled outside the USA.
At the same time, Apple announced that mass production of processors for iPhones and other devices had begun in the new US plant of the Taiwanese contract manufacturer TSMC. In this context, the volume of Apple's Advanced Manufacturing Fund is to be doubled to ten billion dollars. This fund uses its money to promote research and development.
Source: ntv.de, raf/rts
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