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Author: Daniel snow
Tim Cook details how Apple will put its $600 billion domestic manufacturing investment to work
In an interview Friday with CNBC’s Jim Cramer, Apple CEO Tim Cook discussed the Phone maker’s plans to follow through with its enormous investment in domestic manufacturing, emphasizing semiconductor production in the U.S.”You can add a lot by making it global and then stitching together the end-to-end supply chain in semiconductors,” Cook said. “I can’t stress how important this is and how much that will add to what we’re doing.”In total, Apple has said it will spend $600 billion on manufacturing in the U.S. over the next four years, including a $2.5 billion expansion of its partnership with Corning, which…
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