Apple Inc. recently announced that it is entering a multiyear, multibillion-dollar agreement with Broadcom, a U.S. technology and advanced manufacturing company.
“We’re thrilled to make commitments that harness the ingenuity, creativity, and innovative spirit of American manufacturing,” Tim Cook, Apple CEO, said in a May 23 press release from the company. “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 collaboration involves developing 5G radio frequency components that include FBAR filters as well as other wireless connectivity components, the release said. The FBAR filters are designed and built in areas like Fort Collins, Colo., and other key hubs where Broadcom has a facility.
But Apple’s collaboration with Broadcom extends beyond developing cutting-edge technologies, the release said. Apple currently plays a major role in sustaining more than 1,100 employment opportunities at the Broadcom FBAR filter manufacturing plant in Fort Collins. The partnership also empowers Broadcom to pursue automation initiatives and enhance the proficiency of technicians and engineers. Nationally, Apple has a huge economic impact, supporting 2.7 million jobs that encompass direct employment, developers of the thriving iOS economy, and extensive collaboration with more than 9,000 suppliers and manufacturers in every state.
The deal is part of Apple’s 2021 pledge to infuse $430 billion into the nation’s economy within five years. Apple is working hard toward fulfilling its objective by means of direct expenditures made with American suppliers, strategic investments in data centers, capital expenditures and other domestic spending.
Along with being the CEO of Apple, Cook is also on its board of directors, the company’s website said. He has played a major role in the company’s global operations, supply chain management and strategic partnerships. Cook has an MBA from Duke University and a Bachelor of Science from Auburn University.
