Space News from SpaceDaily.com
Apple announces Vietnam spending boost as CEO visits Hanoi
ADVERTISEMENT

Hanoi, April 15 (AFP) Apr 15, 2024
Tech giant Apple said Monday it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived in the country for a two-day visit.

The iPhone maker announced the news in a statement on its website but gave no details of how much it would spend or where the money would go.

Cook is expected to meet programmers, content creators and students during his visit, according to VnExpress.

The visit comes as US President Joe Biden's administration seeks to ramp up Vietnam's role in the global tech supply chain in order to reduce American dependence on China.

Images on the VnExpress news site showed Cook taking a walk by Hoan Kiem lake in downtown Hanoi.

"Hello Vietnam. I am so excited to be here today. I can't wait to see all the developers and creators in the community," the Apple boss said in a video posted on the news site.

The Apple statement said the company has spent nearly 400 trillion dong ($16 billion) since 2019 through its local supply chain and has more than doubled its annual spending to Vietnam during the same period.

"From cooperating with local suppliers, to supporting clean water projects and educational opportunities, we are committed to continuing to strengthen connections in Vietnam," Cook said in the statement.

Last week more than 60 environmental and human rights organisations called on the US-based company to oppose the detention of climate activists in Vietnam.


ADVERTISEMENT




Space News from SpaceDaily.com
SpaceX ties record with 20th Falcon 9 booster re-use in Galileo L12 launch
Bridging the gap: USUS computer scientists develop new model
Superradiant atoms enhance time measurement precision

24/7 Energy News Coverage
Light mimics magnetic response in photonic crystal experiments
Survey reveals broad support for solar projects among nearby residents
Super grids could stabilize Caribbean power during hurricanes, study finds

Military Space News, Nuclear Weapons, Missile Defense
US Space Force renews partnership with L3Harris for space domain awareness
Russia fires nine drones at Ukraine, damages hotel in city of Mykolaiv
French FM calls for greater cooperation on European defence

24/7 News Coverage
Dozens of tornadoes plow central US, at least 5 killed
Schools closed, warnings issued as Asia swelters in extreme heatwave
NASA's ORCA, AirHARP Projects Paved Way for PACE to Reach Space


All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.