Jul
12
Apple Announces $300 Million China Clean Energy Fund
ByApple Inc., expanding its environmental efforts, announced a $300 million fund to promote clean energy in China.
The iPhone maker said it’s creating the fund to boost the use of renewable energy in its supply chain, which is primarily spread across regions in China. The company and 10 of its key suppliers and manufacturing partners, including Corning Inc., Pegatron Corp., Wistron Corp. and Luxshare Precision Industry Co., will contribute to the fund over the next four years, the Cupertino, California-based company said Thursday in a statement…