Apple as we speak announced a $500 million multi-year dedication to purchasing American-made uncommon earth magnets developed by MP Supplies, at a state-of-the-art manufacturing unit in Fort Value, Texas. Apple mentioned the dedication is a part of its general pledge to spend more than $500 billion in the U.S. throughout the subsequent 4 years, which it introduced in February.
Apple and MP Supplies will construct out the Texas manufacturing unit with a collection of neodymium magnet manufacturing strains particularly designed for Apple merchandise, the corporate mentioned. As we speak, practically all magnets throughout Apple units are made with 100% recycled uncommon earth parts, together with within the Taptic Engine within the iPhone 11 and newer.
The 2 corporations can even work collectively to construct a uncommon earth recycling line in Mountain Go, California, in keeping with the announcement.
“American innovation drives all the pieces we do at Apple, and we’re proud to deepen our funding within the U.S. financial system,” mentioned Apple CEO Tim Cook dinner, in an announcement. “Uncommon earth supplies are important for making superior expertise, and this partnership will assist strengthen the provision of those very important supplies right here in the US.”
Apple mentioned its dedication will assist dozens of latest U.S. jobs in manufacturing and R&D.
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New Apple TV Expected Later This Year With These New Features
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Rumors
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