Apple to Invest $1B In Austin and Hire Thousands Around the US
Apple today announced plans to build a new campus in Austin and expand its presence in a wide range of other markets with new hires. The company will invest $1 billion in the Austin campus, which entails a 133-acre site capable of handling up to 15,000 employees. Apple claims that once the Austin site is fully staffed, it will make Apple the largest private employer in Texas. The Austin campus will include engineering, R&D, operations, finance, sales, and customer support jobs. Apple already has 6,200 employees at its existing Austin facility. Apple said it will establish new sites in Culver City, Seattle, and San Diego. Existing Apple sites in Boston, Boulder, New York, Pittsburgh, and Portland, Ore., will add an unspecified number of jobs over the next three years. Apple claims it added 6,000 jobs in the U.S. during 2018 and now employs 90,000 people in all 50 states. Apple said it is on track to create 20,000 jobs in the U.S. by 2023. The company plans to invest $10 billion in U.S. data centers over the next five years, and expand data centers in Arizona, Nevada, and N. Carolina. The newest data center is being prepared for Waukee, Ida. "Apple is proud to bring new investment, jobs and opportunity to cities across the United States," said Apple CEO Tim Cook. "Talent, creativity and tomorrow's breakthrough ideas aren't limited by region or zip code."
Jan 17, 2018
Apple today outlined plans to contribute up to $350 billion to the U.S. economy across various avenues over the next five years.
Mar 7, 2018
Looking to assuage fears in the U.S. government, Broadcom today committed to creating a $1.5 billion fund that it will use to invest in technology and engineers.
Dec 13, 2017
Apple today said it plans to invest $390 million in Finisar, the Texas-based supplier of its VCSEL (vertical-cavity surface-emitting lasers) wafers. Apple uses the VCSEL technology in the iPhone X to power Face ID, Animoji, and portrait photography in the TrueDepth camera.
Jun 19, 2018
T-Mobile and Sprint today officially petitioned the FCC for permission to merge. The companies filed a Public Interest Statement with the agency that makes lofty claims about why the merger a good idea.
Nov 1, 2016
Samsung today announced plans to invest more than $1 billion in its Austin chip facility during the first half of 2017. The company said the investment will improve its ability to manufacture system-on-a-chip products for mobile and electronic devices.