Apple investing in high-tech manufacturing in the US would come as rare common ground with US President Donald Trump, who hammered away at the theme during his campaign for office last year. "We are creating an advanced manufacturing fund," Cook said in an interview broadcast on CNBC. Apple has about 80,000 employees in the US and plans to hire thousands more "in the future," according to Cook. The first investment of the new fund will be announced later this month, according to Apple. Cook described it as wise to explore common ground with the administration while standing up when there are disagreements.

Source: dna May 04, 2017 03:36 UTC