Apple invests $45 million in Corning ahead of rumored foldable iPhone
Apple invests $45 one thousand thousand in Corning ahead of rumored foldable iPhone
Apple has once again fabricated a generous investment into Corning, with the latest totaling $45 million. The Corning, NY-based company is the manufacturer of Gorilla Drinking glass, the scratch-resistant glass found on iPhones and iPads. Co-ordinate to Apple, the awarded investment aims to "expand Corning's manufacturing chapters in the US and drive research and evolution into innovative new technologies that back up immovability and long-lasting product life."
The timing of the announcement curiously corresponds with an abundance of rumors surrounding a potential foldable iPhone that's expected to be coming in 2023. The latest investment adds upwards to Apple's previous contribution of $200 1000000 in 2017 and a $250 one thousand thousand sum in 2019. Overall, the tech giant has now invested nearly $500 one thousand thousand into Corning over the past 4 years.
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According to Apple tree'southward primary operating officer Jeff Williams: "Apple and Corning take a long history of working together to accomplish the impossible."
That's right, Apple tree's collaboration with Corning goes a long way back, all the way back to the very kickoff iPhone. Since then, Corning has provided drinking glass for a wide range of Apple devices, including iPhone, iPad and Apple Watch line-ups.
In fact, 1 of the latest hits of this decades-long collaboration was the implementation of Ceramic Shield Applied science in Apple's iPhone 12 line-up. According to Apple tree, this technology makes the new iPhone 12 glass "tougher than any smartphone drinking glass" and is reportedly four times more resistant and durable to amercement caused by accidental drops.
However, Apple isn't the but company that has worked with the company on glass manufacturing. Corning's Gorilla Glass is now used in competitor smartphones, including the Samsung Galaxy S21 series. The Gorilla Drinking glass is also seen in other flagship devices, such as the Razer Kiyo Pro webcam.
There's no concrete information on how Corning aims to use the $45 1000000 investment, though the speculation surrounding a possible launch of a foldable iPhone leads us to believe that this investment could be a part of a much bigger project.
Dorsum in a 2019 interview with Wired, Corning general manager John Bayne revealed that the company is currently working on thin bendable glass. And a month prior to that, Apple also signed a patent application indicating that it had plans to investigate foldables.
Just last February, Corning revealed that it expects devices to include foldable drinking glass technology within approximately 12-eighteen months, which takes united states of america to the end of 2022/offset of 2023, the exact timeframe that was suggested in multiple Apple foldable rumors.
If Corning succeeds in doing and then, then its new foldable glass engineering science could help create a new generation of foldable smartphones that don't require a layer of plastic protection, such as the one used in Samsung's Milky way Z Fold 2.
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Source: https://www.tomsguide.com/news/apple-invests-dollar45-million-in-corning-ahead-of-rumored-foldable-iphone
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