Apple invests $390 million in US-made iPhone lasers
Apple is naming another recipient of funds from its $1 billion US Advanced Manufacturing Fund that it announced earlier this year. Finisar, a company that manufactures vertical-cavity surface-emitting lasers (VCSELs), is receiving $390 million as part of Apple’s new program to fuel job creation among American manufacturers.
Apple is currently using lasers to power Face ID, Animoji, portrait mode selfies, and even the proximity sensing on the company’s AirPods. Finisar is planning to open a manufacturing plant in Texas to create the VCSELs that Apple requires for its products. Apple says 100 percent of the VCSELs that the company purchases from Finisar will be made in Texas.
Apple’s...