Apple invests an additional $250 million into glass dealer Corning – The Verge

Apple invests an additional $250 million into glass dealer Corning – The Verge

Apple is awarding an additional $250 million to Corning, the manufacturer that gives the glass to Apple (and many others) to exercise in its iPhones, iPads, and Apple Watches. The money comes from Apple’s Evolved Manufacturing Fund, which already supplied $200 million to Corning help in 2017. Apple has now dedicated to spending $5 billion as half of the fund, which goals to gasoline “a brand unusual technology of technology-driven manufacturing in the US.”

Neither Apple nor Corning says precisely what trends the unusual funding might be build in direction of, only hinting at future devices. “The mixed funding helps Corning’s analysis and charm into recount of the art glass processes, equipment and gives integral to the provision of next-technology person devices,” reads the clicking begin issued by Apple.

The funding takes recount as glass producers strive to originate bendable glass for future folding devices to replace the plastic screens weak in the first technology of foldables. Bloomberg reported earlier this month that Samsung is attempting out an ultra-thin bendable glass for its successor to the Galaxy Fold, and Corning has spoken previously about its possess efforts to originate glass that’s thin satisfactory to bend with out changing into too fragile. Early rumors possess suggested that Apple is engaged on a foldable for begin as early as 2020.

Officially, nevertheless, Corning is conserving coy about what it intends to construct the unusual funding in direction of. The firm’s chairman Wendell P. Weeks acknowledged that the fund award will permit the firm to “manufacture groundbreaking unusual glass innovations” and construct “very necessary unusual capabilities for reside customers.” Per chance that appropriate plot that we’ll accumulate even more difficult glass for future devices. Apple says that its latest iPhone aspects the “hardest glass ever in a smartphone,” and it produced an ad the attach its latest cell phone withstood the impact of all manner of residence gadgets as proof.

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September 17, 2019

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