Apple pledges $1B toward creating manufacturing jobs in US Apple
CEO Tim Cook says the company also wants to increase its ownemployee base.
Apple said Wednesday it plans to create a $1 billion fund to promote creation of advanced manufacturing jobs in the US.
During an interview with CNBC, Apple CEO Tim Cook said the iPhone maker will announce later this month its first investment in an as-yet-unknown company, part of an initial investment of $1 billion. Cook also said Apple is looking at other initiatives, including increasing Apple's employee base and teaching people how to write computer code.
