Apple announces multi-billion dollar deal with Broadcom
Today Apple announced a new multi-year, multi-billion dollar deal with Broadcom, a leading US technology and advanced manufacturing company. Through this collaboration, Broadcom will develop 5G radio frequency components – including FBAR filters – and state-of-the-art wireless connectivity components. The FBAR filters will be designed and built in several key US manufacturing and technology centers, including Fort Collins, Colorado, where Broadcom has a large facility.
“We’re excited to make commitments that harness the ingenuity, creativity and innovative spirit of American manufacturing,” said Apple CEO Tim Cook. “All Apple products depend on technology engineered and built here in the United States, and we will continue to deepen our investments in the U.S. economy because we have an unwavering belief in America’s future.”
Apple has already helped support more than 1,100 jobs at Broadcom’s Fort Collins FBAR filter manufacturing facility, and the partnership will allow Broadcom to continue investing in critical automation projects and skills with technicians and engineers. Nationwide, Apple supports more than 2.7 million jobs through direct employment, developer jobs in the thriving iOS app economy, and spending with more than 9,000 American suppliers and manufacturers of all sizes in all 50 states in dozens of sectors.
5G technology is shaping the future of next-generation consumer electronics – and Apple is spending tens of billions of dollars to develop this field in the United States.
These investments are part of the commitment that Apple made in 2021 to invest $ 430 billion in the economy of the United States in five years. Today, Apple is on pace to meet its goal through direct spending with US suppliers, data center investments, capital spending in the US and other domestic spending.
Following the introduction of 5G technology to Apple devices in 2020, Apple has helped expand and accelerate 5G adoption across the country, driving innovation and job growth among companies that support innovation and 5G infrastructure. 5G coverage and performance also continues to expand around the world, and more users benefit from faster connectivity as they upgrade to 5G-capable products.