As part of its billion dollar Advanced Manufacturing Fund, which supports domestic US manufacturing, Apple has announced a $390 million investment into Finisar. This follows a $200 million Corning investment earlier this year.
Apple says that Finisar makes vertical-cavity surface-emitting lasers used in iPhone X (as part of the TrueDepth camera system) and the proximity-sensor inside AirPods. All of the VCSELs purchased by Apple from Finisar will be made in Texas.
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