2024-04-16 19:39:58
Apple CEO Tim Cook revealed on Tuesday that He wants to invest more in Vietnam. This comes just one day following the company announced plans to invest in the Southeast Asian manufacturing hub, according to an AP report.
Vietnam has become a key player for tech giants like Apple. that is looking for channels to diversify investment in the supply chain beyond just China It remains the center for assembly of Apple’s smartphones and tablets.
Apple has begun looking at moving production to other Asian countries, such as Vietnam and India, following the shutdown of Chinese cities in response to the COVID-19 pandemic. It has affected the delivery of the company’s products many times.
Tim Cook, CEO of Apple hinted at investment in Vietnam during a meeting with Vietnamese Prime Minister Pham Minh Trinh, according to a report by Vietnamese state media Voice of Vietnam, while Apple also revealed on Monday that The company may also increase spending with suppliers.
In a statement from Apple Cook is quoted as saying, “There is no place like Vietnam. A colorful and beautiful country,” and corporate investment in Vietnam has doubled since 2019.
However, details regarding the latest investment increase plans have not been released. At the time of this news report
Tim Cook arrived in Hanoi on Monday. On a mission to visit Vietnam for 2 days to meet students. Programmers and online content producers
Apple began manufacturing its products in Vietnam more than 10 years ago, with 26 in-house suppliers and 28 factories in the country, according to Apple’s 2022 data. More than 200,000 jobs are created for skilled workers in Vietnam. Moreover, Vietnam is among the top 5 producers of mobile games in the world.
- Source: AP
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