Apple will provide the company Corning $200 million
Manufacturer of protective glass for mobile devices, Corning will receive $ 200 million from the Fund Advanced Manufacturing Fund, which was formed by Apple to support innovation among American companies.
The total size of the Advanced Manufacturing Fund is $ 1 billion, Corning is the first company that will receive financial support for the Fund. The company said that these funds will be used for further research and development and production of new products.
Apple COO Jeff Williams (Jeff Williams) said that cooperation with Corning began 10 years ago when appeared on the market the first iPhone. According to him, each customer iPhone, iPad, or any part of the world needs to know that safety glass was created for them in America.
For 10 years the collaboration of Apple and Corning have resulted in about 1,000 new jobs. All manufacturing Corning associated with Apple provided by renewable energy sources.