American opposition to 5G deployment is increasing due to concerns about reduced property value and increased energy consumption as well as risks to cybersecurity, privacy, public safety, health, and the environment. Nevertheless, Apple plans to invest billions for 5G innovation and manufacturing in the U.S.
Apple ups U.S. investment plans to $430B, including 5G and silicon
Apple plans to dedicate more resources to the U.S., including toward 5G and development of next-generation silicon. On Monday, the iPhone-maker announced an increased commitment to contribute $430 billion to the U.S. economy over the next five years and add 20,000 new jobs.
It represents a 20% bump from the previous 5-year target, set in 2018, of $350 billion. Apple said it has “significantly outpaced” that original goal.
For 5G innovation and silicon engineering, Apple cited “tens of billions of dollars” that will be spread across efforts nine states. Those include California, Colorado, Maine, Massachusetts, New York, Oregon, Texas, Vermont, and Washington.
Apple launched its first 5G iPhones just last fall, and a new 5G-capable iPad Pro just last week. The smartphone giant called chip engineering and 5G technology “two pivotal fields shaping the future of next-generation consumer electronics.”
Read More: Apple Promises “tens of billions of dollars” across 9 States for 5G