Apple invests $200 million in Gorilla glass maker Corning
Apple has announced that it is investing $200 million in Gorilla glass maker Corning Incorporated from it’s new Advanced Manufacturing Fund. The investment will support “Corning’s R&D, capital equipment needs and state-of-the-art glass processing”. Corning’s partnership with Apple began a decade ago with the first iPhone. Apple has committed to investing at least $1 billion with US-based companies focusing on manufacturing. Apple’s billion-dollar Advanced Manufacturing Fund was unveiled last week by CEO Tim Cook. The company claims it “supports 2 million jobs” in the U.S., including 450,000 at companies that supply it with components.