Business: Apple is investing $ 200 million in Corning

Business: Apple is investing $ 200 million in Corning

Just a week after Apple announced to provide $ 1 billion in a fund for manufacturing jobs in the US, the announcement of the first edition follows. The iPhone manufacturer invests 200 million US dollars in the company Corning, known by the gadilla glass used on smartphones and tablets.

10 years of cooperation and 1,000 jobs later

As the reason for the investment in Corning, Apple names the now 10-year collaboration of the two companies, which began with the very first iPhone in the year 2007. Corning has been able to create around 1,000 new jobs for and with Apple, according to Wendell P. Weeks, chairman of the glass supplier.

The money is to support Corning’s development and research department, the necessary investments and the productions. In particular, Corning’s 65-year-old factory in Harrodsburg, Kentucky played an important role here, with 400 of the 1,000 jobs being created here alone.

Corning was founded in 1851 and employs over 35,000 people. The headquarters is located in the city of the same name in the state of New York. Nowadays Corning is known for its various variations of the hardened glass Gorilla Glass, which is used not only in iPhones and iPads, but usually in smartphones from nearly every manufacturer.

Ivy

Ivy

Ivy is loves technology and has been addicted to it since childhood. Apart from tech, she loves watching sci-fi / historical documentaries and traveling to new places.

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