Home > Current Affairs > Apple invests $250 million in a glass supplying company.

Apple invests $250 million in a glass supplying company.

Apple invests

Technology giant Apple has announced that its ties with a Kentucky manufacturing plant by awarding $250 million into display glass supplier Corning, for iPhones and other devices. Corning company received $200 million from Apple’s Advanced Manufacturing Fund in 2017.
Apple supports Corning’s research and development into state-of-the-art glass processes, equipment, and materials integral to the delivery of next-generation consumer devices. Apple claims that the newest iPhone models feature the toughest glass ever in a smartphone, along with a back machined from a single piece of glass that allows for wireless charging.
Jeff Williams, the chief operating officer of Apple have 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. Every one of the company’s core products right from iPhone and iPad to Mac, Apple Watch and Apple TV contains parts or materials from the US-based suppliers.
Apple and Corning’s believe that they can play a vital role 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 and create a niche in the market.

You may also like
SpaceX spacecraft, Endeavour, docked successfully. Would space travel be the next step?
Bollywood composer, Wajid Khan pass away at 42
Bollywood composer, Wajid Khan pass away at 42
Uttarakhand burning up since 4 days
Uttarakhand Is Burning? Se what CM Trivendra Rawat saying.
Lockdown 4.0 With new rules
Lockdown 4.0 with new rules | Rs 20 lakh crore economic package- PM Addressed The Nation