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Apple plans to invest more than $250 million to expand Singapore campus

A logo of Apple is seen outside at the upcoming Apple Marina Bay Sands store in Singapore

By Yantoultra Ngui

SINGAPORE (Reuters) - Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated April 17.

Two buildings acquired in 2022, located across from Apple's existing offices, will undergo a major upgrade, the U.S. technology giant said.

"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," Tim Cook, Apple's CEO, said in a statement.

Apple opened its first facility in Singapore in 1981 with 72 employees focused on Apple II, its early personal computer.

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It has since grown to house more than 3,600 employees in the city-state, which serves as an operations centre for Apple in the region.

Cook will meet Singapore's prime minister-designate Lawrence Wong as well as the city-state's incumbent leader Lee Hsien Loong this week as part of his Southeast Asia tour, Bloomberg News reported earlier on Wednesday, citing a person familiar with the matter.

(Reporting by Yantoultra Ngui; Editing by Himani Sarkar and Stephen Coates)