Apple signs multibillion-dollar deal with Broadcom to develop 5G components

Apple announced a new multi-year, multi-billion dollar agreement with US technology and cutting-edge manufacturing company Broadcom to develop 5G radio frequency components, including FBAR filters – and cutting-edge radio connectivity components.

According to the company, FBAR filters will be designed and built in several major US manufacturing and technology centers, including Fort Collins, Colorado, where Broadcom has a major facility.

“All Apple products are based on technology designed and manufactured here in the United States, and we will continue to deepen our investments in the American economy because we have an unwavering belief in America’s future,” Apple CEO Tim Cook said in a statement. .

Furthermore, the company said Apple is already helping support more than 1,100 jobs at Broadcom’s Fort Collins FBAR filter manufacturing facility, and the partnership will enable Broadcom to continue investing in critical automation projects and upskilling with technicians and engineers.

Across the country, Apple supports more than 2.7 million jobs through direct hire and developer jobs in the booming iOS app economy and spending with more than 9,000 US suppliers and manufacturers of all sizes in all 50 states across dozens of industries.

Moreover, the tech giant stated that these investments are part of Apple’s commitment in 2021 to invest $430 billion in the US economy over five years.

With the introduction of 5G technology to Apple devices in 2020, the company has helped accelerate 5G adoption across the country, bringing innovation and job growth to companies that support 5G innovation.

– Jans


(Only the title and image for this report may have been reworked by the Business Standard staff; the rest of the content is generated automatically from a shared feed.)

First published: May 24, 2023 | 1:04 p.m ist