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Apple's Advanced Manufacturing Fund helps with fight against COVID-19

Finance Materials 23 February 2021 03:47 (UTC +04:00)
Apple's Advanced Manufacturing Fund helps with fight against COVID-19

Apple announced on Monday that the company has invested over 1.3 billion U.S. dollars from its Advanced Manufacturing Fund to support American manufacturing and innovation, and supported more than 450,000 supplier jobs across all 50 states in the United States, Trend reports citing Xinhua.

As an example, after receiving 10 million dollars from Apple's fund, COPAN Diagnostics has shipped more than 15 million COVID-19 sample collection kits for communities across the country, according to the announcement.

Apple's Advanced Manufacturing Fund was designed to foster and support the innovative production and high-skill jobs that will help fuel a new era of technology-driven manufacturing in the United States, the company said.

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