Apple is investing $390 million into a company that makes chips for the iPhone X and AirPods
Filed under: Finance, Business, Companies
- Apple announced that it's investing $390 million (£292 million) into Finisar, a company that builds special chips for some of its products.
- This is the second round in a larger $1 billion (£750 million) investment plan which first saw Apple investing in Corning, a firm that manufactures the glass used in most of its devices.
- Finisar is reopening a facility in Texas which will help create 500 new jobs.
Apple announced that it's investing $390 million (£292 million) into Finisar, a company that helps build chips that enable proximity and depth sensing on products such as the iPhone X and AirPods.
- At least one major phone in 2018 will have the key feature Apple had to drop for the iPhone X
- Google is launching 3 new experimental apps on both Android and the iPhone
- You can now get an iPhone X delivered in as little as 2 days