Apple announced a significant increase in its US investment, pledging an additional $100 billion to its prior commitment of $500 billion. This investment aims to bolster American manufacturing, with a promise that soon all cover glass for iPhones and Apple Watches will be produced in the US. During an Oval Office meeting, CEO Tim Cook presented President Trump with a commemorative glass engraving, underlining the collaboration between the tech giant and the administration. Companies committed to domestic production will not face a 100% tariff on imports of semiconductors.
This glass comes off the Corning line, engraved for President Trump. It is a unique unit of one.
The good news for companies like Apple is if you're building in the United States or have committed to build, without question, in the United States, there will be no charge.
Apple announced that it is adding an additional $100 billion to its existing pledge to spend $500 billion in the US over the next four years.
Soon, 100% of all cover glass for all iPhones and Apple Watches will be manufactured in the US.
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