Apple has signed a $500 million deal with MP Materials for China-free rare earth magnets, strengthening US supply chains after Chinese export curbs and boosting Pentagon-backed MP’s market position.

Key components for the iPhone 17 have reportedly started arriving at Foxconn’s facility in Sriperumbudur, Tamil Nadu, marking a significant step in Apple’s growing reliance on India as a manufacturing ...

Apple, ranked fifth in China’s smartphone market, saw its shipments decline 1.3% year-on-year to 9.6 million units in the second quarter, a smaller drop compared with the 9% decline in the first ...

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MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.

The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.

President Donald Trump’s new Big Beautiful Bill aims to set children up for financial success by offering a new savings ...