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May 4, 2017
SAN FRANCISCO (AP) — Apple will invest $1 billion to help create more U.S. manufacturing jobs and to counter recurring criticism about its reliance on overseas factories to assemble most of its iPhones and other devices.
Apple CEO Tim Cook announced the fund during a Wednesday interview on CNBC's “Mad Money.” Cook didn't provide additional details, such as how the company will direct that money.
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