November 22, 2024

Apple Announces Multibillion Dollar Deal With Broadcom for Components Made in the USA

Posted May 23, 2023 at 2:23pm by iClarified · 5301 views
Apple has announced a multibillion-dollar deal with Broadcom for components made in the USA.

Through this collaboration, Broadcom will develop 5G radio frequency components — including FBAR filters — and cutting-edge wireless connectivity components. 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.

"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."

Apple says it already helps support more than 1,100 jobs in Broadcom's Fort Collins FBAR filter manufacturing facility, and indicates that the partnership will enable Broadcom to continue to invest in critical automation projects and upskilling with technicians 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 U.S. suppliers and manufacturers of all sizes in all 50 states across dozens of sectors.

These investments are part of the commitment Apple made in 2021 to invest $430 billion in the U.S. economy over five years. Today, Apple is on pace to meet its target through direct spend with American suppliers, data center investments, capital expenditures in the U.S., and other domestic spend.