WASHINGTON – Apple has announced plans to invest US$430 billion (RM1.76 trillion) in the United States economy in the next five years and create 20,000 jobs, said the company in a release yesterday, reported Sputnik.
“Apple today announces an acceleration of its US investments, with plans to make new contributions of more than US$430 billion and add 20,000 jobs across the country over the next five years.
“This includes tens of billions of dollars for next-generation silicon development and 5G innovation across nine US states.”
Apple is set to raise the level of its US investments by 20% as the company spent way over US$350 billion according to its five-year plan set in 2018, said the release.
As part of the new plan, the tech giant seeks to invest US$1 billion in a new North Carolina campus and engineering hub, creating at least 3,000 jobs in machine learning, artificial intelligence and software engineering.
Apple will also expand its teams in California, Colorado, Massachusetts, Texas, Washington and Iowa over the coming years.
The company said it supports more than 2.7 million jobs in the US and continues to be the largest taxpayer in the country, with nearly US$45 billion paid in domestic corporate income taxes over the past five years. – Bernama, April 27, 2021
