Thursday, January 5, 2017

Apple will invest in the fund, SoftBank – The Economist

The japanese company ensures that it has meant less 25,000 million to this fund and has been in talks with Saudi Arabia for another contribution of 45,000 million.

Apple has confirmed its plans to invest 1,000 million dollars in the investment fund SoftBank. “We believe that its new fund will accelerate the development of technologies that may be strategically important for Apple,” said Kristian Huguet, a spokeswoman for the company, in The Wall Street Journal.

the contribution of the technology giant could be added in the near future the Fund of Public Investment in Saudi Arabia, which since the announcement of his creation of the referred to as the ‘SoftBank Vision Fund’ has ensured that will inject some 45,000 million dollars.

The japanese company of telecommunications has stated that it intends to make future investments on a large scale through this investment fund the technology, as stated by the firm at the time of its launch, it will present a total volume of 100,000 million dollars.

The creation of this investment fund was announced by SoftBank in October 2016. This aims to accelerate the development of ‘startups’ research and work in areas such as artificial intelligence, robotics and the interconnection of household appliances with mobile phones and computers.

estrategias@eleconomista.mx

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