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Apple Intends to Expand its Singapore Base by Investing over $250 million

Asia Manufacturing Review Team | Friday, 19 April 2024

 Asia Manufacturing Review Team

Apple strengthens community relations by investing $250 million to expand operations in Singapore. Tim Cook remembers the 3,600-person startup in 1981. Meetings while on tour in Southeast Asia with Lawrence Wong and Lee Hsien Loong.

According to a business announcement dated April 17, Apple Inc. intends to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore. According to the American IT behemoth, Apple plans to significantly renovate two buildings it purchased in 2022 that are across from its current headquarters.

Apple CEO Tim Cook said in a statement, "Singapore is truly a one-of-a-kind place, and we are proud of the connection we've built with this dynamic community of creators, learners, and dreamers."

With 72 people, Apple established its first location in Singapore in 1981 with a focus on the Apple II, the company's first personal computer. Since then, it has expanded to more than 3,600 workers in the city-state, which now houses Apple's regional operations center.

As part of his Southeast Asia visit, Cook will see both Singapore's existing leader, Lee Hsien Loong, and prime minister-designate Lawrence Wong, Bloomberg News reported earlier on Wednesday, citing a source familiar with the issue.