Home Technology Apple invests $ 45 million in Corning to expand its manufacturing

Apple invests $ 45 million in Corning to expand its manufacturing

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Apple has introduced the award of $ 45 million from its Superior Manufacturing Fund to Corning Integrated to additional the corporate’s R&D efforts and increase its manufacturing capabilities in the USA.

Apple has labored with Corning for a few years, collaborating on the manufacture of strengthened glass for a lot of of its merchandise. The most recent product they’ve developed collectively is the brand new Ceramic Protect that protects the display of the iPhone 12 line.

The $ 5 billion Superior Manufacturing Fund was created in 2017 by Apple as a strategy to spend money on corporations in varied industries, together with silicon engineering, 5G, and manufacturing. Within the final four years alone, Apple has invested $ 450 million in Corning alone to assist its US operations in Kentucky and different amenities.

Apple’s chief working officer Jeff Williams commented on the funding:

“Apple and Corning have an extended historical past of collaborating to realize the unimaginable. From the primary glass on iPhone to the revolutionary Ceramic Protect within the iPhone 12 line, our collaboration has modified the panorama of smartphone cowl design and sturdiness. Ceramic Protect is a superb instance of the applied sciences potential when deep innovation meets the ability of American manufacturing. We’re very proud to work with Corning, whose 170-year legacy is a testomony to the ingenuity of the American workforce. “

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