Apple $45 Million Corning Investment Shores Up iPhone Display Supply, Opens Up Investment AR Innovation

After awarding $410 million to the company that supplies VCSELs and LiDAR sensors, Apple has made another strategic investment into a company that may contribute to future augmented reality hardware innovations. On Monday, Apple announced a $45 million award from its Advanced Manufacturing Fund to Corning, the company supplying glass for iPhone, iPad, and Apple Watch products. Corning has previously received a total of $450 million from the fund over two previous awards. Don't Miss: The 10 Biggest AR Investments of 2020 "Apple and Corning have a long history of working together to... more
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