“Apple is committing to purchasing $100 million of Pennsylvania titanium for its new iPhone”
Verdict: Mostly TruePublished automatically from the cited sources below; the editor, Cory Hepler, has not yet reviewed it. Something off? Request a correction →
Apple committed up to $100 million over three years to purchase titanium from a Pennsylvania-based supplier for products including its new iPhone Duo.
According to reporting by CNBC, The Economic Times, and The Epoch Times, Apple announced a commitment to invest up to $100 million over three years with Pennsylvania-based Perryman Company. The purchase agreement covers titanium for Apple products, specifically including its new foldable phone, the iPhone Duo. The claim is mostly accurate, though it slightly simplifies the commitment, which is structured as 'up to $100 million over three years' and spans multiple products rather than solely the new iPhone.
Sources
- At Kansas rally, Trump focuses closing midterm message on anti-Muslim racism – as it happened | Donald Trump | The Guardian — theguardian.com
- Apple adds U.S. titanium supplier for iPhone Duo as supply stays tight — cnbc.com
- Apple: Apple commits up to $100 million for US titanium in domestic manufacturing push - The Economic Times — economictimes.indiatimes.com
- Apple to Invest $100 Million in US Titanium Supplier | The Epoch Times — theepochtimes.com