"Apple CEO Tim Cook Boosts Investments in Vietnam Amid Supply Chain Shift"

1 min read
Source: Yahoo Finance
"Apple CEO Tim Cook Boosts Investments in Vietnam Amid Supply Chain Shift"
Photo: Yahoo Finance
TL;DR Summary

Apple CEO Tim Cook expressed the company's intention to increase investment in Vietnam during a meeting with Vietnamese Prime Minister Pham Minh Chinh, with a focus on boosting spending on local suppliers and supporting clean water initiatives for schools. Vietnam is already a key manufacturing hub for Apple, with the company's spending reaching $15.84 billion and creating 200,000 jobs. The tech giant manufactures products such as iPads, AirPods, and Apple Watches in Vietnam, with 25 suppliers in the country as of 2022. Additionally, Vietnam seeks support from Apple in renewable energy development and high-quality human resource training, while activists recently urged the company to address Vietnam's detention of climate experts.

Share this article

Reading Insights

Total Reads

0

Unique Readers

3

Time Saved

1 min

vs 2 min read

Condensed

68%

344110 words

Want the full story? Read the original article

Read on Yahoo Finance