Apple will invest $390 million in TrueDepth laser maker FinisarApple has officially announced plans to invest in Finisar, the company that provides the parts for the lasers in iPhone X's TrueDepth camera.
Today, Apple announced in a press release that its going to invest $390 million in Finisar — the manufacturer of the components for the vertical-cavity surface-emitting lasers (VCSELs) in the iPhone X's front-facing TrueDepth camera. This award will come from Apple's $1 billion Advanced Manufacturing Fund, and is part of Apple's pledge to "support innovation and job creation by American manufacturers." The first award from the fund — $200 million — was given to state-of-the-art glass manufacturer Corning Incorporated back in May.
According to the release, the $390 was awarded to Finisar in order to "exponentially increase its R&D spending and high-volume production of VCSELs," which power all the popular (and polarizing) new features of the iPhone X such as Face ID, Animoji, and Portrait Mode selfies. To accomplish ...
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Apple will invest $390 million in TrueDepth laser maker Finisar
