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

By IANS | Published: May 24, 2023 10:57 AM2023-05-24T10:57:04+5:302023-05-24T11:10:26+5:30

San Francisco, May 24 Apple has announced a new multiyear, multibillion-dollar agreement with the US-based technology and advanced ...

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

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

San Francisco, May 24 Apple has announced a new multiyear, multibillion-dollar agreement with the US-based technology and advanced manufacturing company Broadcom to develop 5G radio frequency components, including FBAR filters and cutting-edge wireless connectivity components.

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

"All of Apple's products depend on technology engineered and built here in the US, and we'll continue to deepen our investments in the US economy because we have an unshakable belief in America's future," Tim Cook, Apple's CEO, said in a statement.

Moreover, the company said that Apple already helps support more than 1,100 jobs in Broadcom's Fort Collins FBAR filter manufacturing facility, and the partnership will enable Broadcom to continue to invest in critical automation projects and upskilling with technic and engineers.

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

Further, the tech giant mentioned that these investments are part of the commitment Apple made in 2021 to invest $430 billion in the US economy over five years.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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