Tim Cook explains why Apple is investing heavily in Corning’s glass factory

Apple CEO Tim Cook told Jim Cramer from CNBC to Jim Cramer why his company invested $ 2.5 billion to produce glass ProphecyKentucky Factory praising the company’s technology.

“This is a place to put,” Cook said from his investment in Corning. “I trust this, because when you look at the innovation, when you look at the cost, when you look at the quality, all of which are factor in our decisions – this is a great place.”

Apple announced last month and announced that all windows will be produced at Corning’s facility for iPhone and Apple times. Corning has had a relationship with Apple for years – the manufacturer’s glass has been used on iPhones since its first repetition in 2007.

Cook pointed out especially the power of Corning “ceramic shield“The technology he says is thin and light, but also durable.

According to Corning CEO Wendell Weeks, the new version of the ceramic shield is 50% stronger than the first version. Weeks also spoke with Cramer and Cook on Friday and said Apple’s investment would increase the factory of the factory by 50%.

“This will be the world leader production area for highly specialized glass production.” Weeks, Weeks. He said. “We will make triple production.”

In order to cook, domestic production can help create a “center of economic activity in different places” by saying that factories create business themselves and also support local enterprises. Weeks accepted and suggested Corning, the community with the “social contract”. He spoke about the evolution of the Kentucky factory on the innovative glass since it was opened in 1952.

“When you walk around the factory, you will meet people with third generation Corning employees in this factory.” He said. “But today, what people do has nothing to do with what their grandfather did.”

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