Apple invests an extra $250 million into glass supplier Corning

Photo by Amelia Holowaty Krales / The Verge

Apple is awarding an additional $250 million to Corning, the manufacturer that supplies the glass to Apple (and many others) to use in its iPhones, iPads, and Apple Watches. The money comes from Apple’s Advanced Manufacturing Fund, which already provided $200 million to Corning back in 2017. Apple has now committed to spending $5 billion as part of the fund, which aims to fuel “a new era of technology-driven manufacturing in the US.”

Neither Apple nor Corning says exactly what developments the new investment will be put toward, only hinting at future devices. “The combined investment supports Corning’s research and development into state-of-the-art glass processes, equipment and materials integral to the delivery of next-generation…

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via The Verge – All Posts

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