Apple has recently announced to increase its US investments, with plans to make new contributions of more than $430 billion and add 20,000 new jobs across the country over the next five years.
Apple is now raising its level of commitment by 20 percent over the next five years, supporting American innovation and driving economic benefits in every state. This includes tens of billions of dollars for next-generation silicon development and 5G innovation across nine US states.
The company said it will establish a new campus in North Carolina that will house up to 3,000 employees, expand its operations in several other U.S. states and increase its spending targets with U.S. suppliers.
Apple’s CEO, Tim Cook, said: “At this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states. We’re creating jobs in cutting-edge fields — from 5G to silicon engineering to artificial intelligence — investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future.”
Apple’s North Carolina campus will be part of the state’s Research Triangle. The company will invest more than $1 billion in the area and pledges to create at least 3,000 new jobs in machine learning, artificial intelligence, software engineering, and other cutting-edge fields.
Apple also says it will establish a $100 million fund to support schools and communities in North Carolina and will contribute more than $110 million to 80 of the state’s poorest counties to help fund critical infrastructure like broadband, roads and bridges, and public schools.