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Apple deepens Austin ties, expands in other tech hotbeds

SFGate Thursday, 13 December 2018
Apple plans to build a $1 billion campus in Austin, Texas, that will create at least 5,000 jobs ranging from engineers to call-center agents while adding more luster to a Southwestern city that has already become a bustling tech hub. The decision, announced Thursday, comes 11 months after CEO Tim Cook disclosed plans to open a major office outside California on the heels of a huge tax break passed by Congress last year. The tax cut on overseas profits prompted the Cupertino company to bring about $250 billion back to the U.S., freeing up more money for investments in the country in addition to higher dividends for Apple shareholders. The company said it will also hire thousands more engineers in several other emerging high-tech hotbeds.
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Credit: Wochit News - Published < > Embed
News video: Apple Deepens Ties With Austin, to Spend $1 Billion On New Campus

▶ Apple Deepens Ties With Austin, to Spend $1 Billion On New Campus 00:39

According to Reuters, Apple said on Thursday it would spend $1 billion to build a second campus in Austin, Texas that will house up to 15,000 workers as part of a broader push by several U.S. companies to create more jobs at home. The iPhone maker also plans to set up sites in Seattle, San Diego and...

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