San Francisco: The Wall Street Journal reported that US President Donald Trump said Apple has promised to expand manufacturing at home with three new US plants. The Journal quoted Trump as saying that Apple chief executive Tim Cook committed to building “three big plants,” in the United States. Apple building plants in the United States would come as rare common ground with Trump. “The Apple jobs were never here,” Panzica said.“The entire supply chain grew in China.”Apple benefits in Asia from a network that goes beyond subcontractors assembling smartphones, tablets or laptops. Moving iPhone manufacturing to the US would also likely push up costs, which is not in Apple’s interests.

Source: Mint July 26, 2017 09:33 UTC