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Tech Giant Apple Invests Additional $250mn in Corning for iPhone Glasses

Apple said it is on pace to create 20,000 new jobs and directly contribute $350 billion to the US economy by 2023, which the company announced in January 2018

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apple, software, updates, iOS
An Apple company logo is seen behind tree branches outside an Apple store in Beijing, Dec. 14, 2018. VOA

Apple on Tuesday invested an additional $250 million in Corning, a supplier of precision glass for iPhone, Apple Watch and iPad. The iPhone maker had invested $200 million from its Advanced Manufacturing Fund in Corning in May 2017.

So far, Apple has awarded over $1 billion from its Advanced Manufacturing Fund to the US companies.

“Apple and Corning’s rich history dates back more than a decade, and our partnership revolutionized glass and transformed the technology industry with the first iPhone,” Jeff Williams, Apple’s Chief Operating Officer, said in a statement.

“This award underscores Apple and Corning’s shared belief in the vital role that ingenuity plays in creating industry-leading products, and the pride that both companies take in applying American innovation and advanced manufacturing to solve some of the world’s toughest technology challenges,” Williams added.

The investment supports Corning’s research and development into state-of-the-art glass processes, equipment and materials integral to the delivery of next-generation consumer devices.

Corning is one of Apple’s 9,000 US suppliers across 50 states.

Apple, Stores, India
Apple is expanding its retail footprint at a time when almost everything is being traded online, for a simple reason that Apple CEO Tim Cook — and late Steve Jobs — never looked at physical sales points as mere brick. Pixabay

Glass for every generation of iPhone, including iPhone 11 and iPhone 11 Pro which will be available later this week, has been made at Corning’s Harrodsburg, Kentucky plant.

The newest iPhone models feature the toughest glass ever in a smartphone, as well as a back machined from a single piece of glass that allows for wireless charging.

Apple spent a collective $60 billion with 9,000 American suppliers in 2018, supporting 450,000 jobs in all 50 states and manufacturing locations in 36 states.

In addition to the $450 million now awarded to Corning, other commitments already announced include $390 million to Finisar and $10 million to the Elysis aluminum partnership.

Also Read: Snapchat Announces a new 3D Camera Mode: Report

“We’re proud of what we’ve achieved through our collaboration with Apple, and excited by the new opportunities this additional investment creates,” said Wendell P. Weeks, Corning’s Chairman, Chief Executive Officer and President.

Since iPhone launched in 2007, Apple has spent nearly $3 billion with Corning on the glass used in iPhone, Apple Watch and iPad.

Apple said it is on pace to create 20,000 new jobs and directly contribute $350 billion to the US economy by 2023, which the company announced in January 2018. (IANS)

Next Story

Apple Refutes Report of Sharing Safari Data with Tencent or Google

Apple CEO Tim Cook has said he believes privacy is "ingrained in the Constitution," but that he's worried about how third-party companies have worked to collect information on us

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Apple, Campus, China
A customer is entering the Apple store in Fairfax, Virginia. VOA

After media reports surfaced that Apple is sending iOS users’ data via its Safari browser to Google and the Chinese tech company Tencent, the Cupertino-based iPhone maker refuted such reports, saying it safeguards people’s information in its own systems and never shares it with third-party players.

A report in reclaimthenet.org stated that “Apple, which often positions itself as a champion of privacy and human rights, may be sending some IP addresses from users of its Safari browser on iOS to Chinese conglomerate Tencent — a company with close ties to the Chinese Communist Party”.

The report focused on Apple’s “fraudulent website warning” system which is built into Apple’s Safari web browser to warn people when they visit sites that are harmful and can trick users into sharing login passwords for banks, email and social media.

“Before visiting a website, Safari may send information calculated from the website address to Google Safe Browsing and Tencent Safe Browsing to check if the website is fraudulent. These browsing providers may also log your IP address,’ read the information on Apple’s “Safari & Privacy” section.

It’s unclear when Apple started allowing Tencent and Google to log some user IP addresses, but one Twitter user reported the change in Safari happened as early as the iOS 12.2 beta in February 2019, said the report.

Google on an Android device. Pixabay

In a statement, the company said it actually doesn’t send information to Google or Tencent.

“Instead, it receives a list of bad websites from both companies and then uses it to protect people as they surf the web. Apple sometimes obscures the information about the website people visit if it requests more information to check if a questionable website is malicious,” CNET reported on Monday, citing Apple’s statement.

Also Read: Kerala Unable to get Medics from Reserved Category

For people concerned about their privacy, the service can be turned off in Safari preferences on the iPhone or Mac.

Apple CEO Tim Cook has said he believes privacy is “ingrained in the Constitution,” but that he’s worried about how third-party companies have worked to collect information on us. (IANS)