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Apple CEO Tim Cook Announces Plans to Invest More in Vietnam

Apple CEO Tim Cook revealed on Tuesday that he wants to invest more in Vietnam. This comes just a day after 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 such as Apple. that is looking for channels to diversify investment in the supply chain beyond just China It remains the center for assembling Apple’s smartphones and tablets.

Apple has begun looking at moving production to other Asian countries, such as Vietnam and India, after Chinese cities were shut down in response to the COVID-19 pandemic. It has affected the delivery of the company’s products many times.

Tim Cook, Apple’s CEO marked investment in Vietnam at a meeting with Vietnamese Prime Minister Pham Minh Trinh, according to a report by Vietnamese state media Voice of Vietnam, while Apple revealed on Monday that the company can 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 of the latest investment boost plans have not been disclosed. At the time of this press report

Tim Cook arrived in Hanoi on Monday. On a mission to visit Vietnam for 2 days to meet students. Online content programmers and producers

Apple started manufacturing its products in Vietnam more than 10 years ago, with 26 internal suppliers and 28 factories in the country, according to 2022 data Apple created for skilled workers in Vietnam In addition , Vietnam is among the Top 5 producers of mobile games in the world.

  • Source: AP

2024-04-16 19:39:58
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