Apple CEO is predicted to fulfill programmers, college students and content material creators throughout two-day go to.
Apple has introduced plans to spice up spending in Vietnam, as CEO Tim Cook dinner arrived within the Southeast Asian nation for a two-day go to.
The California-based tech big stated in an announcement on Monday that it will increase spending on suppliers within the nation however didn’t elaborate on the quantity it will spend or the place the cash could be targeted.
The iPhone maker stated it has spent practically 400 trillion dong ($16bn) since 2019 by way of provide chains in Vietnam and greater than doubled annual spending within the nation throughout the identical interval.
“From cooperating with native suppliers, to supporting clear water tasks and academic alternatives, we’re dedicated to persevering with to strengthen connections in Vietnam,” Cook dinner stated within the assertion.
Vietnam has emerged as Apple’s most vital manufacturing hub exterior of China lately, with suppliers reminiscent of Luxshare, Foxconn, Compal, and GoerTek working factories that make use of greater than 150,000 Vietnamese.
Throughout his go to, Cook dinner is predicted to fulfill programmers, college students and content material creators, in addition to customers of Apple merchandise.
Hoan Kiem Lake in Hanoi is as lovely as it’s iconic! It was superb to spend time with Duy and see his inventive course of utilizing Cinematic mode on iPhone 15 Professional. pic.twitter.com/5INkRcew1r
— Tim Cook dinner (@tim_cook) April 15, 2024
After arriving in Hanoi on Monday, Cook dinner posted photos on X displaying the tech govt consuming espresso with two native musicians and posing for a selfie with a person at Hoan Kiem Lake within the capital.
Cook dinner’s journey comes as US President Joe Biden’s administration is looking for to spice up Vietnam’s place within the world tech provide chain as a part of efforts to reduce US dependence on China.
In September, Biden introduced the improve of United States-Vietnam relations to a “complete strategic partnership” throughout a go to to the nation aimed toward boosting commerce and cooperation in essential industries reminiscent of semiconductors.