[ad_1]
FRANKFORT, Kentucky – Apple on Tuesday reinforced its ties with a manufacturing plant in Kentucky by providing $ 250 million to support Corning Inc.'s ongoing work to develop glass for iPhone and other devices.
The award builds on the $ 200 million Corning received from Apple's Advanced Manufacturing Fund in 2017, announced the technology giant. Combined investments support Corning research and development that will be critical to next generation consumer devices, Apple
AAPL, + 0.36%
I said.
A scratch-resistant glass for every iPhone generation was manufactured at the Corning plant in Harrodsburg, Kentucky. Corning
GLW, -6.06%
also provides glass for iPad and Apple Watches.
"The rich history of Apple and Corning goes back more than a decade and our partnership revolutionized glass and transformed the technology sector with the first iPhone," said Jeff Williams, Apple's chief operating officer, said a statement.
"This award highlights Apple and Corning's common belief in the critical role that ingenuity plays in creating market-leading products, and to the pride that both companies apply to American innovation." and advanced manufacturing to tackle the toughest technology challenges in the world, "he added. .
Wendell P. Weeks, President, Chief Executive Officer and President of Corning, said this additional investment would allow the Corning, New York-based company to develop "ground-breaking new glass innovations" while expanding its capabilities. manufacturing.
"Most importantly, our ongoing collaboration allows us to create new vital features for end-users and continue to push the boundaries of what's possible in the future," he said.
Corning employs approximately 400 people in its technology development and manufacturing activities in Harrodsburg. It has been part of the central Kentucky community for over 65 years. The company said the new Apple price would not result in an immediate increase in jobs at the Kentucky site, but in "future opportunities for growth." The Harrodsburg plant is Corning's oldest manufacturing plant in the United States.
Apple and Corning teamed up for the first time more than a decade ago when former Apple CEO Steve Jobs ordered the replacement of the first iPhone's plastic screen of the company by a scratch-resistant glass a few months before the launch of the product.
[ad_2]
Source link