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Apple just spent $500 million to source a material that’s critical for iPhones from the US
siliconvalley.com/2025/07/15/apple-just-spent-500-million-to-source-a-material-thats-critical-for-iphones-from-the-us
Originally Published: 15 JUL 25 12:21 ET
By Lisa Eadicicco, CNN
(CNN) — Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically.
As part of the…
This story appeared on siliconvalley.com, 2025-07-15 21:34:54.