Trump says Apple promised 3 new USA plants

President Donald Trump's latest media interview brought this not-very-revealing revelation: Apple Inc. promised the President that it would build "three big plants, handsome plants", he said.

President Donald Trump told The Wall Street Journal Tuesday that Apple Inc. Trump said that Cook confirmed to him about setting up the manufacturing units in the country. It is also not known if Trump was talking about Apple-owned plants, or plants with investment help from Apple.

In the first scenario, Apple would get components for the iPhone, such as the memory chip, processor, and display screen, shipped to its hypothetical plants in the US from around the world and put it together in the plants.


"Jack Dorsey, the chief executive of Twitter and Square, said "discrimination in any form is wrong for all of us", and added the hashtag "#LetThemServe". This potential future factory won't be making Apple products, however, even if it does one day materialize.

Trump's administration has previously made statements about bringing manufacturing back to the United States, something that has seemingly spurred companies like LG and Samsung to both establish plans to new facilities in the US.

New York Magazine reports Apple doesn't build manufacturing plants anymore.


We've reached out to Apple and haven't heard back from them.

Building Apple factories in the USA could have some big positives for AAPL stock. Apple was one of the companies that came under fire from Trump, because it makes most of its products in China. Apple now only manufactures the Mac Pro computers in the United States, as the company has preferred to work with foreign suppliers to protect itself from the risks of manufacturing its own products, while having the leverage to demand lower prices from several partners. Foxconn hasn't followed through on previous pledges to invest millions of dollars to create U.S.jobs.



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