The report comes after Trump hosted SoftBank CEO Masayoshi Son at Trump Tower last week. There, Son reiterated his plans to invest in more U.S. technology companies, revealing documents that showed an agreement to invest up to $50 billion of the fund in the U.S., aiming to create 50,000 jobs.
Japan-based SoftBank has long had ties to Apple, after the pair collaborated on the release of the iPhone in Japan, the Journal reported. Indeed, at Trump Tower last week, Son's documents also featured the logo of Foxconn, also known as Hon Hai, a supplier for Apple's iPhones.
Still, a $1 billion investment would be a relatively rare move for Apple, who despite hoarding $237.6 billion in cash, rarely makes big, high-profile purchases. CNBC has reached out to Apple for comment.
For the full story, see the article at WSJ.com