Apple adds U.S. titanium supplier for iPhone Duo as supply stays tight
CNBC reports Apple plans to commit up to $100 million over three years to Pennsylvania-based titanium supplier Perryman.
TLDR
CNBC reports Apple said it will commit up to $100 million over three years to Perryman for titanium used in the foldable iPhone Duo. Apple also said it is expanding its partnership with Qnity Electronics for iPhone 18 Pro camera films. CNBC, citing Morgan Stanley, reports online delivery estimates of roughly 14 weeks for some Duo models on the first day of preorders. Apple has not said whether the Perryman deal will boost near-term capacity.
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