Apple Pledges $1 Billion for New North Carolina Engineering Hub
- The new campus would be Apple’s first major site on East Coast
- IPhone maker boosting U.S. investment by 20% to $430 billion
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Apple Inc. said it will open an engineering hub in North Carolina, marking its first major campus on the U.S. East Coast as part of an increased commitment to investing domestically.
The Cupertino, California-based technology giant said Monday it will spend $1 billion in the area around Raleigh Durham and Chapel Hill, known as the Research Triangle and home to other big companies that have a significant presence there including IBM, Cisco Systems Inc. and GlaxoSmithKline Plc. Apple said it will create 3,000 jobs at the new site in machine learning, artificial intelligence and software engineering.