Apple announced on Tuesday a multibillion-dollar agreement to develop 5G radio frequency and wireless connectivity components in the United States, in partnership with US-based manufacturer Broadcom. The components will be designed and manufactured across several American technology hubs, including a Broadcom facility in Fort Collins, Colorado.
Apple CEO Tim Cook emphasized the company’s commitment to domestic production in a press release, stating, “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 US economy because we have an unshakable belief in America’s future.” The exact sum of the deal has not been disclosed.
This effort is part of a larger commitment Apple made in 2021 to invest $430 billion in the US economy through 2026. The company confirmed it is on track to meet this goal, citing direct spending with American suppliers, data center investments, and capital expenditures.
In 2018, Apple initially pledged $350 billion to build new facilities and create 20,000 jobs but later increased that figure to $430 billion, as it “significantly outpaced” its original commitment.
The partnership with Broadcom demonstrates Apple’s continued focus on 5G technology. Having introduced 5G to the iPhone in 2020, the company has since released other 5G-enabled devices, such as the Apple Watch Series 7 and the iPad Pro.