Ap­ple an­nounces $300 mil­lion china clean en­ergy fund

Business Standard - - WORLD -

Ap­ple, ex­pand­ing its green ef­forts, an­nounced a $300 mil­lion fund to pro­mote clean en­ergy in China. The firm said it’s cre­at­ing the fund to boost the use of re­new­able en­ergy in its sup­ply chain, which is pri­mar­ily spread across re­gions in China. Ap­ple and 10 of its key sup­pli­ers will con­trib­ute to the fund.

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