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Apple and Corning partner to manufacture 100 percent of iPhone and Apple Watch cover glass in Kentucky

1. Apple announced a $2.5 billion investment in Corning for U.S. glass manufacturing. 2. All cover glass for iPhones and Apple Watches will now be made in the U.S.

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Why Bullish?

The commitment enhances supply chain resilience and local manufacturing, promoting positive investor sentiment. Similar past investments have driven AAPL's stock growth by improving product quality and reducing reliance on foreign suppliers.

How important is it?

The investment's impact on production capabilities strengthens AAPL's market position, boosting investor confidence.

Why Long Term?

This investment secures a stable supply chain and enhances brand trust over time, akin to Apple's long-term growth strategies in domestic production.

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CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® and Corning today announced a major expansion of their long-standing partnership to make precision glass for Apple products. Apple is making a new $2.5 billion commitment to produce all of the cover glass for iPhone® and Apple Watch® in Corning's Harrodsburg, Kentucky, manufacturing facility. This means that 100 percent of the cover glass on iPhone and Apple Watch units sold worldwide will be made in the U.S. for the first time. Corning is creating the.

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