News about US manufacturing

Apple will commit up to $100 million over three years to Perryman Company of Houston, Pennsylvania, to produce titanium for products including the $1,999 foldable iPhone Duo. It is also expanding its work with Qnity Electronics on advanced films for the variable-aperture camera on the iPhone 18 Pro, and says nearly 100 components across the Duo and iPhone 18 Pro are made by American companies in more than a dozen states. These moves fall under the American Manufacturing Program, which Apple expanded to a total of $600 billion in domestic spending. Meanwhile, the Duo faces severe supply limits, with online delivery estimates reaching roughly 14 weeks on the first preorder day, and JPMorgan estimates 8 million to 9 million units will ship this year, below an earlier estimate of about 10 million. Apple has not said whether the Perryman deal will increase near-term capacity.