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Apple Bets Another $390 Million on AR’s Future, Funds Finisar to Increase iPhone X Component Production

In a move that will increase production capacity for its TrueDepth camera system, Apple has awarded vendor Finisar with $390 million from its Advanced Manufacturing Fund.

The Texas-based company makes the vertical-cavity surface-emitting lasers (VCSELs) used in the iPhone X for its Face ID, Animoji, and Portrait mode features. VCSELs also power the proximity detection capabilities in Apple’s AirPods. “VCSELs power some of the most sophisticated technology we’ve ever developed and we’re thrilled to partner with Finisar over the next several years to push the boundaries of VCSEL technology and… more

Source: Apple Bets Another $390 Million on AR’s Future, Funds Finisar to Increase iPhone X Component Production

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