Tim Cook says Apple’s manufacturing expansion across the U.S. will create a ‘domino effect’

In an interview with Jim Cramer from CNBC, CEO Tim Cook AppleThe commitment to support domestic production, which shows that factories will bring more enterprises to communities.

“I wish we could not be everywhere, but we put $ 600 billion to work in the next four years,” he said. “And this is an extraordinary commitment. And there are 79 factories in the United States to benefit from it.”

Cook said Cramer Apple’s factory construction can encourage other companies to build their own factories in these communities and create a “domino effect”. He also said that there will be “some surprises” for communities that Apple will bring business.

Cook stressed the decision to invest $ 2.5 billion to expand the partnership of his company in the interview. Prophecy And the glass factory in Kentucky. Apple exists before in question Corning’s facility will provide glass for all iPhones and Apple times. Cook told Cramer to Corning’s investment, “a great start and a very important start, because glass is always something you create interface”.

Apple made a surprising promise in total 600 billion dollars In the next four years, to increase production in the USA. The iPhone manufacturer said that Taiwan Semiconductor will work with a series of different companies to expand the production of domestic semiconductor, including Texas instruments and applied materials.

Cook also said that Cramer plays a role in talking about the new company by helping Apple to work in these factories.Manufacturing academy“In Detroit, Apple aims to help small and medium -sized businesses and share their curriculum with community colleges.

According to Cook, Apple shareholders do not protest the company’s enormous domestic production expenditures. He said he thought Apple thinks mostly “investing in America”.

Cook, “I think most of our shareholders believe that we are in the best position to make such decisions.” He said. “I didn’t get a single complaint about $ 600 billion.”

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