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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...

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