For about 20 years now, Apple has been in Seoul, South Korea, and only yesterday, it announced its official job figures there. All this amid growing demand for accountability and transparency among Corporations within the country.
In its Korean language website, Apple informs (via translation) that through innovation and investment support, it has helped generate overall 325,000 jobs.
Apple Jobs & Diversity in South Korea Backed by App Store System
On August 16, Apple Inc., USA said in its official press release that it creates and supports 2.4 million jobs in the US. Given the demand for information in South Korea, possibly, it gave the jobs figure and other financial details for the first time over its website.
Apple Korea says majority of the 325,000 jobs; 200,000 are attributed to its App Store System while Apple Partners have created 125,000. Sixty thousand jobs alone hail from manufacturing sector while 10,000 are involved in professional, scientific, and technical activities. Retail stands second with 20,000 jobs while rests support administration, logistics among others.
Among its 500 employees (recorded over 1500% growth since 2010) are designers, production professionals, retail staff, customer service representatives, marketing specialists, hardware and software engineers, says the website.
Strikingly, with the help of its domestic founders and developers, earned 4.71 trillion won App Store that has become popular worldwide. There are over 200 partners in South Korea today.
Another revelation made by Apple says, “Our main products, such as iPhone, iPad, Mac, and Apple Watches, contain components and materials made in Korea or made with the help of Korean partners.”
Currently, the trade war and disputes between China and the USA and Japan and South Korea are simmering with no end in sight. Japan and South Korea have embarked on reciprocal retaliation over the ban of imports from each other country.
Samsung from Korea provides display and other vital components for iPhones, and Japan offers certain key elements that make those displays. Analysts fear that counter reprisals over trade will harm both the countries. As a result, Apple product consumers’ wait for their new iPhone, iPad, or other Apple products may only get longer and pricier.
Coming back to Apple in South Korea, the website proudly announces its association and contribution towards the progress of the country.
According to The Korea Herald, “The American tech giant also officially revealed that the company started sourcing high-tech stainless materials from Korea’s biggest steelmaker Posco for its latest iPhone X. It is the first public announcement on a partnership with a Korean company.”
It adds, “Netmarble, a Korean gaming publisher, is another partner of Apple on its App Store, according to Apple.”
Apple May Succumb to Google Tax, Indicates The Korean Herald
Thus, the information placed in the public domain yesterday by Apple South Korea, confirms that this is just the beginning. Apple may have to succumb to further demands to pay a fair portion of taxes as per their sales and profits generated in Korea, says the news media.
It says that the Ministry of Science and ICT South Korea is examining a measure to levy a tax on internet video and streaming service YouTube, a Google subsidiary. Deemed ‘Google Tax,’ akin to digital French Tax, will require Apple to pay taxes against local policies and preferential treatment accorded while setting up production facilities in the country.
An official at the ICT Ministry said to the site, “The government once considered introducing a tax on those multinational IT companies several years ago, but decided to follow international moves,” said an official at the ICT Ministry.”
For now, Apple seems comfortably ensconced in South Korea with job creation and valuable contribution to the country’s progress. But, how long will it sustain its run there and whether it will be affected by impending ‘Google tax’ is worth waiting and watching for?