Apple said Tuesday it has struck a multibillion-dollar deal with chipmaker Broadcom to use chips made in the United States.
Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple based in Fort Collins, Colo. The devices will be designed and built in multiple facilities, including where Broadcom has a large factory, Apple said.
Broadcom shares rose 2.2% after the announcement.
The chipmaker is already a major supplier of wireless components to Apple.
Apple said it will tap Broadcom for film bulk acoustic resonator chips.
FBAR chips are part of a radio-frequency system that helps iPhones and other Apple devices connect to mobile data networks.
“All Apple products rely on technology engineered and built here in the United States, and we will continue to deepen our investments in the American economy because we have unwavering faith in America’s future,” Apple CEO Tim Cook said in a statement. said in the statement.
Apple said it currently supports more than 1,100 jobs at Broadcom’s Fort Collins FBAR filter manufacturing facility.
