Apple today announced
it is awarding its longtime iPhone, iPad
, and Apple Watch
glass supplier Corning an additional $250 million from its Advanced Manufacturing Fund, building on its $200 million award in 2017
The combined $450 million investment will support Corning's research and development into "state-of-the-art glass processes, equipment and materials integral to the delivery of next-generation consumer devices," including the upcoming iPhone 11
and iPhone 11 Pro
lineup, according to Apple.
Apple COO Jeff Williams:
Apple and Corning's rich history dates back more than a decade, and our partnership revolutionized glass and transformed the technology industry with the first iPhone. This award underscores Apple and Corning's shared belief in the vital role that ingenuity plays in creating industry-leading products, and the pride that both companies take in applying American innovation and advanced manufacturing to solve some of the world's toughest technology challenges.
Apple says it Advanced Manufacturing Fund was designed to "foster and support the innovative production and high-skill jobs that will help fuel a new era of technology-driven manufacturing" in the United States. To date, Apple has invested over $1 billion in American companies from the fund.
In addition to the $450 million now awarded to Corning, other commitments already announced include $390 million to Finisar
and $10 million to the joint venture Elysis
working towards carbon-free aluminum smelting.
Apple says it spent a collective $60 billion with 9,000 American suppliers in 2018, supporting 450,000 jobs in all 50 states and manufacturing locations in 36 states. iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max use glass manufactured at Corning's factory in Harrodsburg, Kentucky.
Corning has partnered with Apple since 2007 to provide glass for every generation of the iPhone and Apple Watch, and many generations of the iPad, all manufactured in the Harrodsburg facility. Since the iPhone launched in 2007, Apple has spent nearly $3 billion with Corning on the glass used in those devices.
This article, "Apple Awards iPhone Glass Supplier Corning Additional $250M From Advanced Manufacturing Fund
" first appeared on MacRumors.comDiscuss this article
in our forums
Apple announced on Wednesday its plans to invest $390 billion in Finisar Corp, which supplies components for the vertical-cavity surface-emitting lasers (VCSEL) found in the iPhone X True Depth camera.
The investment will be used to build a plant in Texas to make more of the chips, and will be financed by Apple's $1 billion Advanced Manufacturing fund, which the company created in 2017 to foster innovation and create jobs in the U.S.
"VCSELs power some of the most sophisticated technology we've ever developed and we're thrilled to partner with Finisar over the next several years to push the boundaries of VCSEL technology and the applications they enable," said Jeff Williams, Apple's chief operating officer. "Technology is only as good as the people behind it, and Finisar is a company with a long history of putting its employees first and supporting the community it's a part of. We're extremely proud that our involvement will help transform another American community into a manufacturing powerhouse."
According to Apple's statement
, the award will enable Finisar to exponentially increase its R&D spending and high-volume production of VCSELs, which power some of the iPhone's X flagship features, such Face ID®, Animoji and Portrait mode selfies, as well as the proximity-sensing capabilities of AirPods.
"We're excited to continue our innovation with Apple of a technology that has tremendous potential," said Jerry S. Rawls, CEO of Finisar. "When you combine our proven ability to consistently manufacture exceptional products with our new state-of-the-art Sherman facility, we're confident we can achieve our shared goal of providing consumers with incredibly exciting features. Finisar has always been keenly aware it takes great people to power our work and that's why we're thrilled to be adding Sherman to our family."Discuss this article
in our forums