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Apple to invest $ 250 million in glass maker Corning

Apple announced today that targeting $ 250 million more Advanced Manufacturing Fund (Advanced Manufacturing Fund) American glass manufacturer Corning Incorporated, famous for the so-called Gorilla Glass.

By May 2017, Apple had already invested almost the same amount in the company, meaning we are now approaching half a billion dollars.

No wonder: For years Corning has been primarily responsible for providing the iPhones-equipped glasses (including the latest 11, 11 Pro and 11 Pro Max which, according to Apple, feature the toughest glasses ever placed on a smartphone), iPads and Apple Watches.

?Apple's and Corning's rich history has been around for over a decade, and our partnership has revolutionized glass and transformed the technology industry with the first iPhone,? he said. Jeff Williams, chief operating officer of Apple. ?This award reiterates Apple and Corning's shared belief in the vital role creativity 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 most difficult technology challenges. of the world."

"We are proud of what we have achieved through our collaboration with Apple, and we are excited about the new opportunities that this additional investment creates," he said. Wendell P. Weeks, president and chief executive officer of Corning. ?This Advanced Manufacturing Fund award will allow us to develop revolutionary glass innovations while expanding our manufacturing capabilities. Most importantly, our continued collaboration enables us to build new vital capabilities for end users and to continue to overcome barriers than possible in the future. ?

The value invested is even more impressive considering that Harrodsburg (Kentucky)-based Corning is just one of over 9,000 Apple suppliers in the United States. In 2018, Apple invested $ 60 billion in US companies, supporting 450,000 jobs in all 50 states, as well as manufacturing locations in 36 of them.

In today's statement, Apple reiterates that * all * of its key products contain US parts or materials and / or manufactured with equipment from US companies. Obviously, all this concern has to do with President Donald Trump's recent pressure.