Apple invests $390mn in Finisar for iPhone lasers

San Francisco: As part of its $1 billion Advanced Manufacturing Fund to support innovation and job creation by American manufacturers, Apple has invested $390 million in optical communication component manufacturer Finisar whose technology has made the iPhone’s Face ID feature viable. The fund was awarded to increase the production of vertical-cavity surface-emitting lasers (VCSELs), which […]

Apple

San Francisco: As part of its $1 billion Advanced Manufacturing Fund to support innovation and job creation by American manufacturers, Apple has invested $390 million in optical communication component manufacturer Finisar whose technology has made the iPhone's Face ID feature viable.

The fund was awarded to increase the production of vertical-cavity surface-emitting lasers (VCSELs), which power Apple's new features such as Portrait mode selfies and Animoji, the company wrote in a blog.