Back    Zoom +    Zoom -
US Commerce Secretary: Apple Tim Cook Aims to Assemble iPhones in US w/ Robotic Arm Tech
Recommend
9
Positive
31
Negative
7
US Commerce Secretary Howard Lutnick quoted Apple (AAPL.US) CEO Tim Cook as hoping that Apple will eventually manufacture iPhones in the US, but only with robotic arm technology, as the Company does not want to hire a large number of employees, which would pose a risk to the Company.

A human-centric assembly plant in the US is not wanted, Lutnick added. Instead, Americans will be the technicians driving the factories, and get high-paying jobs through the AI industrial revolution.

Related NewsCMBI Cuts BYD ELECTRONIC's TP to $43.22, Lowers EPS Forecasts

AAStocks Financial News