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Abu Dhabi, UAEMonday 21 January 2019

Apple to spend $1bn on new campus in Texas

The tech giant will also invest $10bn on data centres

Apple, which gets over half its revenue from outside the United States, has faced increasing political pressure to ramp up investments at home since 2016. EPA
Apple, which gets over half its revenue from outside the United States, has faced increasing political pressure to ramp up investments at home since 2016. EPA

Apple is investing $1 billion to build a new campus in North Austin, Texas and will spend another $10bn for new data centres as part of a five-year investment aimed at creating 20,000 jobs in the United States.

The Cupertino-based company said on Thursday it would also set up new sites in Seattle, San Diego and Culver City, California and expand operations in Pittsburgh, New York and Boulder, Colorado over the next three years.

Apple, which gets over half its revenue from outside the United States, has faced increasing political pressure to ramp up investments at home since 2016, when then presidential candidate Donald Trump targeted the company for using Asian factories for the bulk of its manufacturing.

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Its new Austin campus will be located less than a mile away from its existing facilities, Apple said. Data centers in North Carolina, Arizona and Nevada are being expanded, it added.

Apple's technology rival Amazon.com last month ended a months-long search for new headquarters, picking America's financial and political capitals for massive new offices, with plans to create thousands of jobs.

Updated: December 13, 2018 12:48 PM

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