HOUSTON, October 21 (Argus) - Two companies announced on Tuesday that under this new partnership linked to Apple's domestic manufacturing plan, Apple will invest up to 100 million US dollars in the US titanium material manufacturer Perryman over the next three years.
This fund will be used to support Perryman in expanding its domestic titanium material production capacity.
Perryman will supply special titanium materials to Apple products, including the folding-screen iPhone Duo, which features a 5-level titanium alloy casing.
The titanium materials supplied to Apple will be produced in Perryman's factory near Pittsburgh, Pennsylvania.
