Apple announces multi-billion dollar deal with Broadcom

Apple today announced a new multi-year, multi-billion dollar agreement with Broadcom, a leading US technology and advanced manufacturing company. Through this collaboration, Broadcom will develop 5G radio frequency components – including FBAR filters – and high-end wireless connectivity components. FBAR filters will be designed and built in several major US manufacturing and technology centers, including Fort Collins, Colorado, where Broadcom has a major facility.

“We’re thrilled to make commitments that harness the ingenuity, creativity, and innovative spirit of American manufacturing,” said Apple CEO Tim Cook. “All Apple products are based on technology designed and built here in the United States, and we will continue to deepen our investments in the American economy because we have an unwavering belief in America’s future.”

Apple already helps 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 upskilling with technicians and engineers. Across the country, Apple supports more than 2.7 million jobs through direct hire and developer jobs in the booming iOS app economy and spending with more than 9,000 US suppliers and manufacturers of all sizes in all 50 states across dozens of industries.

5G is shaping the future of the next generation of consumer electronics — and Apple is spending tens of billions of dollars to develop this area in the US

These investments are part of Apple’s commitment in 2021 to invest $430 billion in the US economy over five years. Today, Apple is well on its way to achieving its goal with direct spending with US suppliers, data center investments, capital expenditures in the US, and other domestic spending.

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After introducing 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 5G innovation and infrastructure. 5G coverage and performance continues to expand around the world, and more users are taking advantage of faster connectivity as they upgrade to 5G-enabled products.

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