Apple announces multi-billion dollar modem deal with Broadcom
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Apple has entered into a multibillion-dollar agreement with American technology company Broadcom. About this Apple told on your website.
Broadcom will design and manufacture 5G-enabled modems for Apple, including FBAR filters that suppress interference at different frequencies for the correct functioning of the network. Apple pays special attention to the fact that the filters will be produced in Broadcom’s American technology centers, including in the state of Colorado.
“All Apple products depend on technology designed and built here in the United States, and we will continue to increase our investment in the US economy because we have an unwavering faith in America’s future,” said Apple CEO Tim Cook.
The corporation has already provided more than 1,100 Broadcom employees with jobs in Fort Collins. The partnership the companies have entered into will allow the modem maker to continue investing in factory automation and upskilling workers. In total, Apple provided more than 2.7 million jobs across America.
In the first quarter of 2023, Apple set a record for sales of digital services, and quarterly revenue was $94.8 billion. Net profit reached $24.2 billion. Apple’s revenue from the sale of services (Apple Music, App Store, iCloud) increased by 5, 5% to $20.9 billion for the quarter is an absolute record.
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