Apple announced on Tuesday a new multibillion-dollar deal with Broadcom to develop 5G chips made in the U.S.
“We’re thrilled to make commitments that harness the ingenuity, creativity, and innovative spirit of American manufacturing,” Apple CEO Tim Cook said in a statement.
According to the statement, the 5G chips developed by Broadcom will include FBAR filters and other wireless connectivity components. These chips are different from those made by Qualcomm.
According to CNBC, Apple said that the deal with Broadcom is part of their 2021 commitment to invest $430 billion in the U.S. economy.
The move is the latest phase of a partnership between both companies since Broadcom announced it would sell $15 billion in wireless components to Apple in 2020.