Washington, July 28 : The US President Donald Trump has once again incorrectly claimed that Cupertino-based tech giant Apple is planning to build new manufacturing plants in the country.
During a speech at the White House on Friday that focused on the state of US economy, Trump said: "Apple alone is bringing in $230 billion and they're building new plants, they're building a magnificent campus, they're gonna be spending their money very wisely, but they're spending it in our country, not in some other country".
"That was made possible by the new tax cut and reform plan," he added.
In January 2017, Trump said he spoke to Apple CEO Tim Cook over phone and he promised to build "three big plants" in the US. But Cook never directly responded to that claim.
What Apple actually announced in January was to contribute $350 billion to the US economy over the next five years that includes an estimated $55 billion investment in 2018.
"The company plans to establish an Apple campus in a new location, which will initially house technical support for customers. The location of this new facility will be announced later in the year," Apple said.
The investments will concentrate in three areas where Apple has had the greatest impact on job creation: direct employment by Apple, spending and investment with Apple's domestic suppliers and manufacturers, and fuelling the fast-growing app economy which Apple created with iPhone and the App Store.
Apple, already the largest US taxpayer, anticipated repatriation tax payments of approximately $38 billion as required by recent changes to the tax law.
As part of the total investment, Apple will spend an estimated $55 billion with US suppliers and manufacturers in 2018.
Apple expects to invest over $30 billion in capital expenditures in the US over the next five years and create over 20,000 new jobs through hiring at existing campuses and opening a new one. Apple already employs 84,000 people in all 50 states.
Over $10 billion of Apple's expanded capital expenditures will be investments in data centres across the US.
"As it turned out, Trump was seemingly referring to the singular plant being built by Foxconn in Wisconsin, which started construction last month. The plant will make large LCD panels, not anything for Apple," reported 9to5mac.com.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Nagpur (PTI): Members of the Maharashtra assembly on Monday recited the full version of 'Vande Mataram' on the opening day of the legislature's winter session here, marking the 150th anniversary of the national song.
The House proceedings began with the customary recital of the first two stanzas of Vande Mataram, followed by 'Jai Jai Maharashtra Majha', the official state song.
Speaker Rahul Narwekar said, "It is a tradition of the legislature to recite the first two stanzas of Vande Mataram on the first day of every session. However, as this year marks 150 years since its composition, the House will recite the entire song."
The legislators then recited the full song.
Notably, the Lok Sabha has listed 'Discussion on the 150th anniversary of national song Vande Mataram' on Monday and allocated 10 hours for the debate.
The debate in Parliament is part of the year-long celebrations on the 150th anniversary of Vande Mataram, a poem written by Bankim Chandra Chatterjee, and set to tune by Jadunath Bhattacharya.
Prime Minister Narendra Modi had hit out at the Congress, accusing it of removing key stanzas from the song in 1937 and sowing the seeds of partition.
On November 7, Modi launched year-long celebrations to commemorate the 150th year of Vande Mataram, aimed especially at youth and students to deepen awareness of the song's significance.
During the assembly session, Narwekar also announced the names Chainsukh Sancheti, Kishor Patil, Rahul Patil, Uttamrao Jankar, Ramdas Masram, Sameer Kunawar and Saroj Ahire as presiding officers. They will chair proceedings in the speaker's absence.
