Apple Announces Multibillion-Dollar Agreement for 5G components made in US


ByDon Pedro Aganbi

May 26, 2023

Apple on Tuesday announced a multibillion-dollar agreement to develop 5G radio frequency and wireless connectivity components in the United States.

The company said it is partnering with US-based manufacturer Broadcom for the components, which will be designed and built in several American manufacturing and technology hubs, including Fort Collins, Colorado, where Broadcom operates a facility.

“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,” Apple CEO Tim Cook said in a press release.

The exact sum of the deal was not disclosed.

The effort is part of a larger commitment Apple made in 2021 to invest $430 billion in the economy through 2026. Apple said it is on track to meet its goal, following direct spending with American suppliers, data center investments and capital expenditures.

In 2018, Apple initially committed $350 billion to build new facilities and create 20,000 jobs, but later increased that number to $430 billion, noting it “significantly outpaced” its pledge.

The move also comes as Apple continues to bet on 5G technology. Apple introduced 5G to the iPhone in 2020 and has since released other 5G-enabled devices, including the Apple Watch Series 7 and iPad Pro.


Don Pedro Aganbi

Don Pedro Aganbi is a Nigerian Journalist, broadcaster, Filmmaker, brand and Public Relations Specialist and 1st prize winner, TV category, United Nations Economic Commission for Africa (UNECA) & Africa Information Society Initiatives (AISI) Awards. He is also a recipient of the Global IT Champion Awards, courtesy of World Information Technology and Services Alliance (WITSA). He is the Founder/Managing Partner, TechTV Network and convener of the hugely popular Titans of Tech Awards, Pan African Digital Initiative Summit & Expo and the TechTV Digital Agenda Forum. Don Pedro Aganbi is the producer and host of the popular international award winning TV show, TechTV.

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