Tech giant Apple has announced a major multibillion-dollar deal with Broadcom. The multi-year stretching partnership will see the tech manufacturer develop 5G radio frequency components for the Cupertino leader.
As per the partnership, Broadcom will make FBAR filters, and other cutting-edge wireless communication hardware for the phone maker. Fort Collins in Colorado and other facilities will be used for manufacturing the parts,
“We’re thrilled to make commitments that harness the ingenuity, creativity, and innovative spirit of American manufacturing,” said Tim Cook, Apple’s CEO. “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.”
The investment aligns with a commitment Apple made in 2021 to invest a total of $430 billion in the US economy over 5 years. The firm will inject its money into data center investments, the American supply system, capital expenditures, etc.
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Apple and Broadcom partnership will drive up employment
Apple already contributes over 1,100 jobs in Broadcom’s Fort Collins FBAR filter production facility while the partnership will enable Broadcom to continue to invest in key automation projects and upskilling with technicians and engineers.
Throughout the US, Apple supports more than 2.7 million jobs in direct employment, developer jobs in the thriving iOS app economy, and spending with more than 9,000 U.S. suppliers and manufacturers of all sizes in all 50 states across dozens of sectors.
Despite struggles to justify use cases, 5G is certain to drive the next era of wireless communication technology. Apple is certain to take the lead in it with billions of investments.
Apple debuted the 5G device in 2020 and has helped grow its adoption in the country driving both employment opportunities and innovation. 5G continues to mark steady growth across the states as multiple states and operators transition to next-generation cellular standards phasing out legacy technologies.