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Apple awards Corning 45 mln USD from its Advanced Manufacturing Fund - World News

Apple awards Corning 45 mln USD from its Advanced Manufacturing Fund - World News
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Apple awards Corning $45 million from its Advanced Manufacturing Fund

Date Time
Apple awards Corning $45 million from its Advanced Manufacturing Fund
Today, Apple is awarding $45 million from its Advanced Manufacturing Fund to Corning Incorporated, a supplier of precision glass for iPhone, Apple Watch, and iPad. The funding will 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, building on both Apple and Corning’s deep commitment to protecting the environment.
Corning has already received $450 million from Apple’s $5 billion Advanced Manufacturing Fund over the last four years. Apple’s investment helps support more than 1,000 jobs across Corning’s US operations in Kentucky and other facilities. The investment has also helped facilitate research and development into state-of-the-art glass processes, which led to the creation of Ceramic Shield, a new material that is tougher than any smartphone glass. ....

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Apple Awards Corning an additional $45 Million to fuel research in creating future Glass products for Apple Devices

Apple Awards Corning an additional $45 Million to fuel research in creating future Glass products for Apple Devices

This morning Apple announced that it is awarding $45 million from its Advanced Manufacturing Fund to Corning Incorporated, a supplier of precision glass for iPhone, Apple Watch, and iPad. The funding will 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, building on both Apple and Corning’s deep commitment to protecting the environment.

Corning has already received $450 million from Apple’s $5 billion Advanced Manufacturing Fund over the last four years. Apple’s investment helps support more than 1,000 jobs across Corning’s US operations in Kentucky and other facilities. The investment has also helped facilitate research and development into state-of-the-art glass processes, which led to the creation of Ceramic Shi ....

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Apple invests $45 million into Corning Inc. to expand US manufacturing capacity and R&D

Apple invests $45 million into Corning Inc. to expand US manufacturing capacity and R&D
Apple has announced that an amount of $45 million will be awarded from its Advanced Manufacturing Fund to Corning Incorporated, to advance the company’s R&D efforts and expand their manufacturing capacities in the U.S.A.
Apple has been working with Corning for many years now, collaborating to produce glass surfaces for many products in Apple’s lineup. The latest product they developed together is the new Ceramic Shield that protects the front display of the iPhone 12 lineup.
The $5 billion Advanced Manufacturing Fund was established in 2017 by Apple as their way to invest in companies across various sectors such as silicon engineering, 5G, and manufacturing. In the past 4 years alone, Apple has invested $450 million in Corning alone to support their US operations in Kentucky and other facilities. ....

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