Apple Is Apparently Planning To Build Three Large US Factories


Foxconn, the Taiwanese company that assembles iPhones under contract with Apple, is scouting for locations to build a us factory, and Mr. Trump was expected to announce one on Wednesday.

In an interview with The Wall Street Journal on Tuesday, Trump claimed that Tim Cook had promised that Apple would be building three manufacturing plants here in the U.S.

Meanwhile, Taiwan based Foxconn that happens to be Apple's biggest overseas manufacturing partner to has evinced active interest in setting up a plant in the U.S., with Wisconsin likely to be the site under consideration. Foxconn CEO Terry Gou said at the time, "Apple is willing to invest in the facility together because they need the [panels] as well".

A more likely scenario, Snell added is that Apple would open "more data centers and expand other aspects of its research and development efforts in other places, rather than the mechanics of building hardware from scratch". Apple also generally prefers to work with outside suppliers, so it can source parts from multiple companies and shield itself from risk - such as when it turns out that an entire factory is worthless because its manufacturing method didn't pan out. It's a pledge Mr. Trump made when he was campaigning for president. "We are bringing the entire industrial chain back to the traditional manufacturing region of the U.S". Foxconn, a major Apple supplier, is also said to be planning its first USA factory.

The president's revelation comes after Cook during a May interview with CNBC announced that Apple was creating a $1 billion fund to boost "advanced manufacturing" in the US.

Previously, Trump frequently targeted USA companies, including Apple, to create jobs by manufacturing products in the US. It has moved toward onshoring some manufacturing in recent years, and the increasing automation of factories makes that more affordable than it used to be. Especially with topics like outsourcing, companies like Apple were occasional targets for Trump.

It was the latest clash between the Trump administration and Silicon Valley tech companies and executives, who also spoke out against the president's executive order that barred visitors from six Muslim-majority countries.