Apple adds Bosch, Cirrus Logic, others to US manufacturing program, to invest $400 million
By
Binu Mathew
Apple said it was adding Bosch, Cirrus Logic, TDK and Qnity Electronics to its American Manufacturing Program, with plans to invest $400 million through 2030 to expand U.S.-based production of key components.
The move comes as companies increasingly shift manufacturing and critical supply chains to the United States to reduce geopolitical risks and strengthen domestic production.
The expansion builds on Apple’s $600 billion, four-year commitment to invest in U.S. manufacturing announced last year.
