Apple Awards iPhone Glass Supplier Corning Additional $250M From Advanced Manufacturing Fund
Apple today announced it is awarding its longtime iPhone, iPad, and Apple Watch glass supplier Corning an additional $250 million from its Advanced Manufacturing Fund, building on its $200 million award in 2017.
The combined $450 million investment will support Corning's research and development into "state-of-the-art glass processes, equipment and materials integral to the delivery of next-generation consumer devices," including the upcoming iPhone 11 and iPhone 11 Pro lineup, according to Apple.
Apple COO Jeff Williams:
Apple and Corning's rich history dates back more than a decade, and our partnership revolutionized glass and transformed the technology industry with the first iPhone. This award underscores Apple and Corning's shared belief in the vital role that ingenuity 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 world's toughest technology challenges.
Apple says it Advanced Manufacturing Fund was designed to "foster and support the innovative production and high-skill jobs that will help fuel a new era of technology-driven manufacturing" in the United States. To date, Apple has invested over $1 billion in American companies from the fund.
In addition to the $450 million now awarded to Corning, other commitments already announced include $390 million to Finisar and $10 million to the joint venture Elysis working towards carbon-free aluminum smelting.
Apple says it 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. iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max use glass manufactured at Corning's factory in Harrodsburg, Kentucky.
Corning has partnered with Apple since 2007 to provide glass for every generation of the iPhone and Apple Watch, and many generations of the iPad, all manufactured in the Harrodsburg facility. Since the iPhone launched in 2007, Apple has spent nearly $3 billion with Corning on the glass used in those devices.