Apple lobbying the U.S. to possibly bring chip production to the countryApple may eventually build its A-series chip in the United States.
What you need to know
Apple is lobbying the U.S. government on domestic chip production.
It suggests the company is interested in bringing chip production to the United States.
Apple already makes the Mac Pro in Texas.
Earlier today it was reported that Apple spent about $1.5 million on lobbying efforts in the United States in the third quarter of 2020. Now, it appears that one of those areas could result in iPhone production coming to the U.S.
Reported by Bloomberg, Apple is lobbying the United States government on tax breaks for chip production in the country, suggesting that the company may be interested in moving some of its supply chains to the U.S.
In the disclosure report, one of the lines mentioned was "issues related to tax credits for domestic semiconductor production." According to Bloomberg, Apple lobbied the Treasury Department, Congress, and the White House on the issue.
Since releasing its fi...
Source:
Apple lobbying the U.S. to possibly bring chip production to the country
