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Apple announces investment in Vietnam as Tim Cook dinner visits Hanoi

Apple CEO is expected to meet programmers, students and affirm creators real via two-day talk over with.

Apple has launched plans to elevate spending in Vietnam, as CEO Tim Cook dinner arrived within the Southeast Asian nation for a two-day talk over with.

The California-primarily primarily based totally tech big acknowledged in a press launch on Monday that it would enhance spending on suppliers within the nation nonetheless didn’t give an explanation for on the amount it would expend or where the money may possibly perchance well be focused.

The iPhone maker acknowledged it has spent nearly 400 trillion dong ($16bn) since 2019 via supply chains in Vietnam and further than doubled annual spending within the nation real via the identical duration.

“From cooperating with local suppliers, to supporting tidy water projects and tutorial opportunities, we’re dedicated to persevering with to beef up connections in Vietnam,” Cook dinner acknowledged within the commentary.

Vietnam has emerged as Apple’s most essential manufacturing hub outside of China in most trendy years, with suppliers a lot like Luxshare, Foxconn, Compal, and GoerTek running factories that exercise extra than 150,000 Vietnamese.

All over his talk over with, Cook dinner is expected to meet programmers, students and affirm creators, to boot to customers of Apple merchandise.

Hoan Kiem Lake in Hanoi is as fine because it is iconic! It became amazing to expend time with Duy and learn about his artistic direction of the use of Cinematic mode on iPhone 15 Pro.

— Tim Cook dinner (@tim_cook) April 15, 2024

After arriving in Hanoi on Monday, Cook dinner posted photos on X displaying the tech govt ingesting espresso with two local musicians and posing for a selfie with a man at Hoan Kiem Lake within the capital.

Cook dinner’s outing comes as US President Joe Biden’s administration is searching for to elevate Vietnam’s location within the world tech supply chain as part of efforts to lessen US dependence on China.

In September, Biden launched the upgrade of United States-Vietnam kinfolk to a “total strategic partnership” real via a talk over with to the nation geared in direction of boosting alternate and cooperation in severe industries a lot like semiconductors.



Al Jazeera and records companies

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