Trump did not elaborate on where the plants would be located or when they would open. "I spoke to (Cook), he's promised me three big plants-big, big, big", Trump said in the interview on Tuesday. Recently, Apple invested in Kentucky-based Corning to support the company's ongoing manufacturing efforts in the region. Foxconn, a major Apple supplier, is also said to be planning its first USA factory.
Workers in a Foxconn plant. Earlier this year, Apple announced plans to launch a $1 billion fund that will invest in developing advanced USA -based manufacturing jobs. For example, Cook may have said that Apple's providers are assembling new industrial facilities in the USA, as opposed to Apple itself.
In May, Apple pledged $1bn to fund advanced manufacturing the U.S., investing its first $200m in Gorilla Glass-maker Corning - a long-time partner of Apple, which manufactures the displays on iPhone devices.
Finally, it's theoretically possible that Apple really is planning to build three factories in the United States, unlikely as that seems. "We are bringing the entire industrial chain back to the traditional manufacturing region of the U.S". Foxconn's Gou did have warnings for American consumers when it comes to moving manufacturing back to the US. Especially with topics like outsourcing, companies like Apple were occasional targets for Trump. This administration's habit of embellishment should give everyone pause; we'll know the details once Apple does make a statement, but before then everything should be taken with a grain of salt.
The president's move to put Apple in a tight spot could be a tactical one to get the company to seriously consider its options.
If Trump's claim does prove real, it would constitute a monumental investment on the company's side.