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May 13, 2017 12:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VliHUZkYpss/gorilla-glass-maker-corning-gets-200-million-from-apples-us-manufacturing-investment-fund
Gorilla Glass Maker Corning Gets $200 Million From Apple's US Manufacturing Investment Fund
An anonymous reader quotes a report from TechCrunch: Apple made news and scored some positive PR earlier this month when the company announced a $1 billion fund aimed at investing in U.S.-based manufacturing. Now it's ready to announce the first big investment from its Advanced Manufacturing Fund. New York-based Corning Incorporated will be receiving $200 million from the tech giant's coffers, money that will go toward its Harrodsburg, Kentucky R&D facility. Corning is a logical first choice for Apple. The two companies have worked closely for roughly a decade, when Apple first pushed Corning to create a chemically strengthened glass for the iPhone. The resulting product, Gorilla Glass, has since become the standard for nearly every smartphone maker out there. As Apple helpfully adds in a news release touting the funding, the relationship thus far "has created and sustained nearly 1,000 U.S. jobs across Corning's R&D, manufacturing and commercial functions, including over 400 in Harrodsburg." And indeed, aside from a brief dalliance with synthetic sapphire crystal a couple of years back, it's been a pretty fruitful partnership.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VliHUZkYpss/gorilla-glass-maker-corning-gets-200-million-from-apples-us-manufacturing-investment-fund
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