Apple Signs Multi-Billion Dollar Agreement with Broadcom for Production of 5G Components in US

The American giant Apple has just announced the signing of a multi-year agreement for the manufacture of 5G radiofrequency components on American soil.

The essential : This agreement signed with the advanced technology and manufacturing company Broadcom is part of Apple’s 2021 commitment to invest $430 billion in the American economy.

  • “We are excited to make commitments that harness the ingenuity, creativity and spirit of innovation of American manufacturing,” Apple CEO Tim Cook said in a statement.
  • Broadcom shares rose about 3% following the announcement. Those of Apple fell by less than 1%.

The detail : this partnership does not imply the end of the use of Qualcomm 5G chips.

  • Broadcom will indeed supply the FBAR filters and other wireless connectivity components to Apple, but the 5G chips will still be supplied by Qualcomm.
  • “The FBAR filters will be designed and built in several key US manufacturing and technology centers, including Fort Collins, Colorado, where Broadcom has a major facility,” the statement said.

Ever more American iPhones

“All of Apple’s products depend on technology designed and built here in the United States, and we will continue to deepen our investments in the American economy because we have unwavering faith in America’s future,” Apple said. in his press release. In other words, the brand’s future smartphones will be a little more “made in the USA”.

To note : the announcement comes as Apple seeks to develop its own in-house technology for things like bluetooth and wifi components. There is also talk that the Apple firm is working on a combined Bluetooth-wifi chip.

  • This partnership could therefore end when Apple is able to produce these components itself.



2023-05-23 17:37:39

#iPhones #American #Apple #signs #multibillion #dollar #deal #Broadcom #Business