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Apple Commits $500 Million for Rare-Earth Magnets

Apple Invests $500M to Secure US Supply of Rare Earth Magnets

Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare earth metals.

The Wall Street Journal on MSN · 1d

Apple Commits $500 Million for Rare-Earth Magnets from U.S. Supplier

MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time when President Trump has pressured Apple to do so.

IT-Online · 6h

Apple commits $500m to US-made rare earth magnets

Apple has announced a new commitment of $500-million with MP Materials, the only fully integrated rare earth producer in the US, to buy rare earth magnets developed at MP Materials’ flagship Independence facility in Fort Worth,

8don MSN

Trump's trade advisor slams Apple's China ties — but Wall Street says it can't afford to leave

Trump's trade advisor Peter Navarro ripped into Apple's reliance on China on Monday. Leaving the country might be harder than Trump thinks, analysts say.

13don MSN

Apple's India Manufacturing Push Hit As Foxconn Removes Chinese Staff

Foxconn Technology Group has asked hundreds of Chinese engineers and technicians to return home from its iPhone factories in ...

12d

Foxconn Mysteriously Exfiltrates Chinese Engineers From India iPhone Factory

Apple is one of those companies, having started shifting part of its iPhone production to India four years ago. However, ...

13d

Apple's India Ambitions Hit a Wall as Foxconn Sends 300+ Chinese Engineers Home

Apple's India expansion faces hurdles as Foxconn sends 300+ Chinese engineers home, impacting iPhone 17 production.

National Herald12d

Apple’s India expansion hits a snag, as 300 Chinese support staff are recalled

Foxconn, a key manufacturing partner to Apple, has in its bid to diversify its supply chain beyond China, recalled over 300 ...

Apple has backup plans for Chinese techies leaving Foxconn: Sources

About 100 Chinese technology professionals have returned, raising doubts about the production of the iPhone 17 in India.

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