Apple invests $45 million in Corning ahead of rumored foldable iPhone
Apple tree invests $45 million in Corning alee of rumored foldable iPhone
Apple has again made a generous investment into Corning, with the latest totaling $45 1000000. The Corning, NY-based company is the manufacturer of Gorilla Glass, the scratch-resistant glass plant on iPhones and iPads. According to Apple, the awarded investment aims to "aggrandize Corning's manufacturing chapters in the U.s.a. and drive research and evolution into innovative new technologies that support durability and long-lasting product life."
The timing of the announcement curiously corresponds with an affluence of rumors surrounding a potential foldable iPhone that's expected to exist coming in 2023. The latest investment adds up to Apple's previous contribution of $200 1000000 in 2017 and a $250 one thousand thousand sum in 2019. Overall, the tech giant has at present invested nearly $500 million into Corning over the past four years.
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According to Apple's chief operating officer Jeff Williams: "Apple and Corning have a long history of working together to accomplish the impossible."
That's right, Apple's collaboration with Corning goes a long way back, all the way back to the very outset iPhone. Since and so, Corning has provided glass for a broad range of Apple devices, including iPhone, iPad and Apple Spotter line-ups.
In fact, one of the latest hits of this decades-long collaboration was the implementation of Ceramic Shield Technology in Apple's iPhone 12 line-upwards. According to Apple, this engineering science makes the new iPhone 12 glass "tougher than any smartphone glass" and is reportedly four times more resistant and durable to damages caused by accidental drops.
However, Apple isn't the only company that has worked with the company on glass manufacturing. Corning's Gorilla Drinking glass is now used in competitor smartphones, including the Samsung Milky way S21 series. The Gorilla Drinking glass is besides seen in other flagship devices, such every bit the Razer Kiyo Pro webcam.
At that place's no concrete data on how Corning aims to use the $45 million investment, though the speculation surrounding a possible launch of a foldable iPhone leads united states to believe that this investment could be a part of a much bigger project.
Back in a 2019 interview with Wired, Corning full general managing director John Bayne revealed that the company is currently working on thin bendable glass. And a month prior to that, Apple too signed a patent application indicating that it had plans to investigate foldables.
Only last February, Corning revealed that it expects devices to include foldable glass technology within approximately 12-18 months, which takes us to the end of 2022/start of 2023, the exact timeframe that was suggested in multiple Apple foldable rumors.
If Corning succeeds in doing and then, then its new foldable drinking glass applied science could help create a new generation of foldable smartphones that don't crave a layer of plastic protection, such equally the ane used in Samsung'southward 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
Posted by: rodenparrall.blogspot.com
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