Apple has just announced that will award Corning , manufacturer of the well-known technology Gorilla Glass , for being one of the best suppliers . Using a “manufacturing fund” created for this purpose that has a billion dollars.
Corning, protecting screens from the first iPhone
Corning is a company of American origin , based in New York City . It produces a large number of inputs that are used in industry and technology, such as ceramic materials, fiber optics, emission control technology, life science products and the well-known glass called “Gorilla Glass” .
Founded in 1851 , is the company responsible for providing the screen protection glass used by most of the world’s smartphones, protects screens from the first iPhone (back in 2007) to the present day.
Corning employee working in the plant
Manufacturer’s investment fund, an incentive to continue growing
Apple has created a f investment grade , intended to reward manufacturers who have demonstrated responsibility and innovation in their products.
This fund has 1 billion dollars , which will be distributed among suppliers that demonstrate innovation and responsibility.
The aim is to reward American companies with the objective of motivating their growth, thus creating more local jobs .
A well-deserved award, as Apple explains in its press release. Jeff Williams , chief operating officer of Apple said:
In this way, Apple has rewarded Corning with $200 million, money that will surely allow the company to develop new technologies.
Wendell P. Weeks , president of Corning, was very happy with this incentive, stating the following:
Raw material used by Corning in the production of Gorilla Glass
Apple bets on US manufacturers
Apple uses a variety of inputs from different suppliers for its wide range of products.
Most of these suppliers are located outside the United States, although according to Tim Cook himself, they are heavily involved in local production .
Known was the cross between the current president of the United States, Donald Trump and Tim Cook . Where Trump was asking, in a somewhat violent way, that Apple produce its iPhones in the United States:
Tim Cook did not miss the opportunity to speak out in favour of local labour, stating that Apple had spent $50 billion on the purchase of local inputs for its various products.
Although it would clearly be unfeasible to stop assembling much of its products (including iPhones) outside the country, without the cost increase being reflected in the final price of the product.
At the moment Apple seems very focused on promoting the American industry . And it should be seen which local company will be the next beneficiary of this “manufacturing fund” .