Apple, MP materials
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Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of the first tech companies to ink a U.S. supply agreement after China curbed exports earlier this year.
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S. supply chain at a time when President Trump has pressured Apple to do so.
Phone owners have had to wait longer than ever for the first iOS 26 public beta, but it should result in a cleaner, more stable release.
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares soaring by a fifth.
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Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, specifically for Apple devices.
Check out this deal on the Apple MacBook Air M2! This might be the best laptop for the money, at least for most users.
Apple’s secret to a crease-free screen on its foldable iPhone might be a “display metal plate,” reports Kuo. I’ll just quote his reasoning: