Apple Chips Deal is A Result of Trump's 2017 U.S. Jobs Push.
Apple and Broadcom have announced a multibillion-dollar agreement over 5G and wireless components to be made in Fort Collins, Colorado
thenationalpulse.com
Apple and Broadcom have announced a multibillion-dollar agreement over 5G and wireless components to be made in Fort Collins, Colorado. The deal comes after former President Donald Trump negotiated the re-domiciling of Broadcom from Singapore to the United States in 2017, as well as convincing Apple themselves to invest in the years during, and since, his presidency.
“All of Apple’s products depend on technology engineered and built here in the United States, and we’ll continue to deepen our investments in the US. economy because we have an unshakable belief in America’s future,” Apple CEO Tim Cook said in a press release Tuesday.
In 2017, Broadcom’s CEO Hock Tan told lavished praise on Trump, telling reporters: “America is again the best place to lead a business with a global footprint. Thanks to you Mr. President, business conditions have steadily improved.” The company announced its intention to re-domicile in the United States shortly after.
Trump pledged in 2016 that he would “get Apple to build a big plant in the United States, or many big plants in the United States.” Cook soon announced $350 billion for new facilities creating 20,000 jobs, which later increased to $430 billion due to the economic growth of the Trump years.
