President Trump will announce a new manufacturing initiative with electronics manufacturer Foxconn on Wednesday afternoon, according to the White House.

“Today, President Trump and the Office of American Innovation are hosting Foxconn, a world leader in manufacturing for computers, communications, and consumer electronics, at the White House for a technology manufacturing imitative announcement that will bring jobs and billions of dollars in investments to our country,” a White House spokesman said.

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Foxconn is one of the biggest manufacturers of Apple products such as iPhones.

Trump told The Wall Street Journal on Tuesday that Apple CEO Tim Cook promised him that the company would create three new manufacturing plants in the U.S. — a claim that the company declined to confirm.

It’s unclear if Apple is involved in Foxconn’s announcement.

Jordan Fabian contributed.