Apple invests $45 million more in Gorilla Glass-maker Corning
news.movim.eu / ArsTechnica · Monday, 10 May, 2021 - 21:19
Corning's glass products, close up. [credit: Apple ]
Apple has invested an additional $45 million in US-based Corning Incorporated, the maker of Gorilla Glass, the companies announced today.
A news release from Apple says the investment will help "expand Corning's manufacturing capacity in the US" and "drive research and development into innovative new technologies that support durability and long-lasting product life."
The investment will come out of Apple's $5 billion Advanced Manufacturing Fund, which was established in 2017 to invest in manufacturing jobs and infrastructure in the United States related to Apple's products like the iPhone.