Apple launches a 300 million dollars investment in renewable energy project.. - sassan magazine

Monday, July 16, 2018

Apple launches a 300 million dollars investment in renewable energy project..



    Said in a statement on July 13, an about $ 300 million clean energy project will be launched by Apple in China, in cooperation with its suppliers to invest in the field of renewable energy projects that could reach nearly one million homes in the country of China.

    Since the  government of the country has put pollution reduction a major priority, putting a huge pressure on domestic and international companies to take action in order to reduce smog levels in major cities and clean the country's waterways and polluted soils.

     The investment comes from iPhone, which will be made with 10 suppliers, including Pegatron and Wistron, over four years, as the United States and China struggle to trade.

     Earlier this year, Apple CEO Tim Cook called for a truce between presidents in Washington and Beijing as the world's two largest economies moved into a trade war and exchanged tariffs on billions of dollars of goods.


     AS known Apple - the American company manufactures most of its products in the country of China, which are shipped all over the world, including to it's home country which is the United States. but also China is one of the most important markets for Apple, although it has faced a rising challenge from local smartphone competitors with low prices.

Apple is taking a broader step in renewable energy. Earlier this year, said its global facilities were now fully subsidized by clean energy.

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