Apple to build $1bn campus

NEW YORK, NY - NOVEMBER 20: People stand in an Apple store in lower Manhattan on November 20, 2018 in New York City. Shares of Apple Inc. fell nearly 4% on Monday following reports that iPhone sales are slowing for the global technolgy company. Spencer Platt/Getty Images/AFP

WASHINGTON – Apple announced it will build a $1-billion campus in Texas as part of a nationwide expansion.

The new facility will be just over 1km from their giant existing facility in Austin and initially accommodate 5,000 additional employees, set to grow to 15,000.

The new employees at the Texas campus will be professions of engineering, R&D, operations, finance, sales, and customer support, Apple said in a statement.

“Apple is proud to bring new investment, jobs, and opportunity to cities across the United States and to significantly deepen our quarter-century partnership with the city and people of Austin,” Apple CEO Tim Cook said.

“Talent, creativity and tomorrow’s breakthrough ideas aren’t limited by region or zip code, and, with this new expansion, we’re redoubling our commitment to cultivating the high-tech sector and workforce nationwide.”

Apple said they also have plans of having more bases across the United States over the next three years.

They will expand 1,000 employees each at new sites in Seattle, San Diego and Culver City, California, also adding hundreds of jobs in Pittsburgh, New York, Boulder, Colorado, Boston, and Portland.

Apple plan also includes investing $10-billion in US data centres over the next five years, including $4,5-billion (R68,81-billion) this year and 2020.

Photo credit- eNCA

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