Apple Macs Coming Home
Dec 6th 2012 2:59PM
Updated Dec 7th 2012 7:15AM
In separate interviews today, Apple Inc. (NASDAQ: AAPL) CEO Tim Cook said the company plans to invest more than $100 million in 2013 to return some Mac manufacturing to the U.S. The company currently outsources much of its manufacturing to Taiwanese firm Hon Hai, better known as Foxconn.
Cook didn't specify where in the U.S. the manufacturing line would be located nor did he specific which Mac model would be built on the line. Apple watchers are pretty sure that the company will build some if its iMacs at the U.S. facility. That speculation is backed up by recent iMacs that bear an "Assembled in USA" notice.
The U.S. line will not simply assemble parts sent from China, but is planned to be "something more substantial," according to Cook, who also said that Apple will be working with partners, but that the company will be "investing our money."
Filed under: 24/7 Wall St. Wire, China, Consumer Electronics, International Markets, PC Companies, Technology Companies Tagged: AAPL, featured