Apple adds U.S. titanium supplier for iPhone Duo as supply stays tight

Apple will commit up to $100 million over three years to Pennsylvania-based Perryman Company, which will melt, forge and roll grade 5 titanium for the $1,999 iPhone Duo enclosure. The company is also expanding its partnership with Qnity Electronics to make films for the iPhone 18 Pro's variable-aperture camera. Supply remains tight, with some Duo orders facing waits of about 14 weeks and JPMorgan cutting its shipment forecast to 8–9 million units.

• Up to $100 million over three years committed to Perryman Company for iPhone Duo titanium
• Grade 5 titanium will contain at least 80% recycled material
• Some Duo models showed waits of about 14 weeks from the start of preorders
• JPMorgan cut its Duo shipment forecast to 8–9 million units this year