Apple commits up to $100M to Perryman for U.S. titanium production
Overview
Apple says it will commit up to $100 million over three years to Perryman Company, a titanium producer in Houston, Pennsylvania, for titanium used in Apple products.
The company also expanded its partnership with Qnity Electronics for advanced films used in the iPhone 18 Pro's variable-aperture camera.
Apple is adding Perryman as a titanium supplier for the $1,999 iPhone Duo, which is supply-constrained. Morgan Stanley reports that Duo delivery estimates stretched to roughly 14 weeks on the first day of preorders.
Written by AI from the articles below · updated Oct 20, 8:43 AM ET
Check the sources:
Article timeline
The articles in this story. Times are ET.
- CNBC · TechnologyNewsApple adds U.S. titanium supplier Perryman for iPhone Duo as supply stays tight
AIApple says it will commit up to $100 million over three years to Perryman Company in Houston, Pennsylvania, for titanium used in Apple products, including the $1,999 iPhone Duo. The company also expanded its partnership with Qnity Electronics for advanced films used in the iPhone 18 Pro's variable-aperture camera. Morgan Stanley reports Duo delivery estimates stretched to roughly 14 weeks on the first day of preorders.
Heat Trend
Not enough continuous observations to show a trend yet.