Monday , April 19 2021

Apple demands pressure from Trump: Announces Millionaire Investments in US International

Donald's Brief Pressure worked and Apple has opened its investment in several locations in the United States on Thursday, including the creation of a new $ 1000 million office in Austin, Texas.

Although these are not investments to build factories in the US, as demanded by the Republican President, these announcements seem to be a gesture of relief in the White House.

In the US commercial fight against China, Trump has warned that prices for iPhone, iPod and iPad could increase, thanks to the penalty fees that can be imposed on China if no agreement is reached.

And he argued that the best way for Apple to avoid such consequences was to create their own devices in the United States.

In the summer of 2017, the president said that Apple had promised to open three factories in the US. However, Apple's equation is more difficult than cars that have moved their US factories abroad to reduce costs.

Cupertino has never moved work abroad, but it was created.

The company is heavily dependent on the Asian giantwhere he made most of his device, but could increase his workforce in the United States.

Agence France-Presse
Agence France-Presse

New offices

The new space opened by Apple will be less than two kilometers from what is already in Austin and initially will be able to supplement 5,000 employees with an opportunity to grow to 15,000 as reported.

At the moment Apple Apple Texas Capital, the second largest company after its headquarters in Cupertino, California, employs 6,200 people. At the United States level, 90,000 employees are working as a computer giant.

The new company will work in areas such as engineering, research and development, operations, finance, sales, and customer service, Apple said.

"Apple is proud of investment, jobs and opportunities to the United States and greatly deepen our quarterly partnership with the city and Austin residents, "said Tim Cook, CEO.

"Talent, creativity and innovative ideas not only limit the region or postal code tomorrow and, thanks to this new expansion, we renew our commitment to developing a high-tech industry and workforce across the country."

Apple also said that it plans to increase its staff base in other regions of the United States over the next three years and plans to invest 10 billion data centers in the next five years.

Each of its new sites in the West Bank: Seattle, San Diego and Culver City, California, will expand to more than 1,000 employees; and will join hundreds of other Pittsburgh, New York, Boulder, Colorado, Boston and Portland.

Agence France-Presse
Agence France-Presse

Financial assistance?

Apple was not so hard at showing signs of goodwill because this year it benefited from the large Trump Government's US tax reform.

Approved nearly a year ago, it significantly reduced corporate taxes and allowed US companies to repatriate profits from abroad with lower fiscal costs.

Apple is also the largest US taxpayer.

Thanks to this tax reform, the technology giant announced in January that the US will invest around $ 30,000 million over the next five years and create 20,000 jobs through repatriation of foreign income abroad.

In turn, Apple's data centers in the United States will spend $ 10 billion over the next five years.

Apple's announcement on Thursday does not mention any state aid. But according to some local media, Apple could receive up to $ 25 million from Texas Business Fund.

Earlier this month, the online giant Amazon also announced significant expansion, stating that it would set up a new headquarters that split between Long Island City in New York and Crystal City across Potomac River from Washington DC. He says this $ 5,000 million investment will create 50,000 jobs.

Source link