Apple announces multibillion-dollar deal with Broadcom2023-05-23 19:04 by Daniela
Tags: Apple, Broadcom
Apple on Tuesday announced a new multibillion-dollar deal with Broadcom to develop 5G radio frequency components in the U.S. The multi-year agreement with Broadcom will see Apple use 5G radio frequency and wireless connectivity components, including FBAR filters, that are designed and manufactured in the U.S.
"We're thrilled to make commitments that harness the ingenuity, creativity, and innovative spirit of American manufacturing," Apple CEO Tim Cook said in a release.
"All of Apple's products depend on technology engineered and built here in the United States, and we'll continue to deepen our investments in the U.S. economy because we have an unshakable belief in America's future," Apple CEO Tim Cook said in a statement.
The investments are part of the commitment Apple made in 2021 to invest $430 billion in the U.S. economy over a period of five years. The company today said that it is on track to meet its target through direct spending with American suppliers, data centers, capital expenditures, and more.
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