Apple’s investment in Japan exceeds 100 billion USD, CEO Cook visits the chip center

© Reuters. FILE PHOTO: Logo of Apple Inc. hangs at the entrance to the Apple store on Fifth Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS / Mike Segar

By Kantaro Komiya

TOKYO (Reuters) – Apple Inc (NASDAQ:) said on Tuesday it has invested more than $100 billion in Japan’s supply network over the past five years, as Chief Executive Officer Tim Cook visited the center of the country’s semiconductor industry.

Cook said in a tweet on Monday he visited Kumamoto Prefecture in southwestern Japan, home to factories for many leading and semiconductor technology companies, including one under construction. by Taiwan Semiconductor Manufacturing Company (TSMC).

In a statement, Apple said it has increased spending on suppliers in Japan by more than 30% since 2019, with a network spanning nearly 1,000 companies, from multinationals to enterprises. run by family.

It is called sony (NYSE:) Group Corp., one of Japan’s largest suppliers of camera sensors for iPhone products, also mentions small and medium-sized businesses including textile company Inoue Ribbon Industry Co and mold maker Shincron Co as partners.

Apple says 29 Japanese suppliers have committed to the transition to renewable energy for Apple-related businesses by 2030, including Sony, Murata Manufacturing Co (OTC:), Keiwa Inc, Fujikura and Sumitomo Electric Industries.

($1 = 137.6700 yen)

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