Cook cashes a $1.2 billion fund for US manufacturing jobs

Electronic enthusiasts eight o'clock: Beijing time on May 4 morning news, Apple CEO Tim Cook (TIm Cook) said in an interview with CNBC on Wednesday that the company will create a $1 billion fund to promote the United States High-end manufacturing employment growth.

"We will announce today, so I am the first to tell you." Cook told Mad Cramer, the host of Mad Money, "Okay, you are not the first person because we already Negotiating with a company we are preparing to invest in." He added that Apple will announce its first investment later in May.

The fund was set up as President Trump promoted manufacturing jobs back to the United States, which is in line with Apple's goal of creating jobs across its entire ecosystem, including not only employees, but also developers and suppliers.

With the high demand for high-end manufacturing jobs in the US, this area has become Apple's priority, and Cook hopes that this investment will create more jobs.

Cook said: "Through this approach, we can stir up the status quo. Because if you can create many manufacturing jobs, these jobs will create more jobs around them because we have a service industry built around them."

Apple has created 2 million jobs in the United States, and Cook has no intention of narrowing the reach of the tech giant.

“A lot of people ask me, 'Do you think creating employment is the responsibility of a company?' My answer is that a company should have value because the company is a collection of people. People should have value, so the promotion should be done, the company should also Valuable. Repaying society is your responsibility," Cook said.

“How to repay the society? We repay the society through environmental measures and use renewable energy to operate the company. We also create jobs.”

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