Apple Inc. plans to spend more than $100 million next year on building Mac computers in the U.S., shifting a small portion of manufacturing away from China, the country that has handled assembly of its products for years.
"Next year we're going to bring some production to the U.S.," Cook said in an interview with Bloomberg Businessweek. "This doesn't mean that Apple will do it ourselves, but we'll be working with people and we'll be investing our money."
Apple, which until the late 1990s made and assembled many products in the U.S., moved manufacturing to Asia to take advantage of the region's lower labor costs. The planned investment makes up a sliver of Apple's $121.3 billion in cash, and probably won't meaningfully affect profit margins. Still, it reflects pressure on companies to create even a modest number of domestic jobs as the unemployment rate hovers near 8 percent and the economy rebounds from the recession that ended in 2009.
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