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Apple Invests $200 Into Corning And Its Gorilla Glass Technology

For some time, Apple was thinking about releasing iPhones with sapphire models, but according to its latest investment, the company is now focused on glass. As a part of the recently announced $1 billion fund aimed at investing in US-based manufacturing, the first company to get money is Corning.

The Cupertino company is investing $200 million in Gorilla glass maker Corning, which will support "Corning's R&D, capital equipment needs and state-of-the-art glass processing".
"Corning is a great example of a supplier that has continued to innovate and they are one of Apple's long-standing suppliers. This partnership started 10 years ago with the very first iPhone, and today every customer that buys an iPhone or iPad anywhere in the world touches glass that was developed in America. We're extremely proud of our collaboration over the years and we are investing further with Corning who has such a rich legacy of innovative manufacturing practices," said Jeff Williams, Apple's chief operating officer.

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