Apple invests additional $250mn in supplier Corning for iPhone glasses

Apple on Tuesday invested an additional $250 million in Corning, a supplier of precision glass for iPhone, Apple Watch and iPad. The iPhone maker had invested $200 million from its Advanced Manufacturing Fund in Corning in May 2017.

So far, Apple has awarded over $1 billion from its Advanced Manufacturing Fund to the US companies.

“Apple and Corning’s rich history dates back more than a decade, and our partnership revolutionized glass and transformed the technology industry with the first iPhone,” Jeff Williams, Apple’s Chief Operating Officer, said in a statement.