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Corning Awarded $45 Million from Apple for Manufacturing Expansion, R&D

05/10/2021 08:41

12:32 PM EDT, 05/10/2021 (MT Newswires) -- Corning (GLW) has received $45 million from Apple's (AAPL) advanced manufacturing fund to expand its manufacturing capacity in the US, and for research and development.

Corning is a supplier of glass for iPhone, Apple Watch and iPad. The two companies collaborated to develop a new glass-ceramic made from nano-ceramic crystals.

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