Business

US Manufacturing Investment

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Apple adds Bosch, Cirrus Logic, others to US manufacturing program, to invest $400 million

Apple said it was ‌adding Bosch, Cirrus ‌Logic, TDK and Qnity Electronics ​to its American Manufacturing Program, with plans to invest $400 million ‌through ⁠2030 to expand U.S.-based production of ⁠key components. The partnerships, which also involve ​companies including ​TSMC ​and GlobalFoundries, aim ‌to boost domestic semiconductor and materials manufacturing for Apple products while strengthening its U.S. ‌supply chain. The ​expansion builds ​on ​Apple's $600 billion, ‌four-year commitment to invest ​in ​U.S. manufacturing and innovation announced last ​year.

Yahoo Finance — Apple2h ago