Apple Invests $390 Million USD in Finisar Laser Manufacturing

Apple continues to build on Face ID tech.

Tech & Gadgets
4.3K 0 Comments
Save

Apple has named Finisar, a company that manufactures vertical-cavity-surface-emitting lasers (VCSELs), as the next recipient to receive funds from its $1 billion USD US Advanced Manufacturing Fund. Apple is currently invested in laser-powered tech that allows Face ID, Animoji, portrait mode selfies, and even the proximity sensing on the company’s AirPods to function.

Apple says all of the VCSELs that they will purchase from Finisar will be made in Texas. President Trump has been pushing Apple to move its iPhone production to the US, and this new Advanced Manufacturing Fund seems to be part of a response to more U.S.-based manufacturing. Apple however still doesn’t manufacture iPhone’s in the states. In total, Finisar will receive $390 million USD in funding.

Let us know your thoughts below.

Read Full Article

What to Read Next

Apple Posts Record $143.8 Billion USD Revenue Following Blockbuster Q1 Earnings
Tech & Gadgets

Apple Posts Record $143.8 Billion USD Revenue Following Blockbuster Q1 Earnings

The tech giant reports historic growth driven by staggering iPhone 17 demand and services expansion.

Apple CEO Tim Cook Earned a $74.3 Million USD Salary in 2025
Tech & Gadgets

Apple CEO Tim Cook Earned a $74.3 Million USD Salary in 2025

Making a declined sum, compared to the previous fiscal year.

Apple Acquires 'Severance' Rights for $70 Million USD, Eyes Season 4 and Spinoffs
Entertainment

Apple Acquires 'Severance' Rights for $70 Million USD, Eyes Season 4 and Spinoffs

The Cupertino giant brings the dystopian thriller in-house, securing its future with a Summer 2026 production start.


Apple and Formula 1 Sign Official $750 Million USD Streaming Deal
Entertainment

Apple and Formula 1 Sign Official $750 Million USD Streaming Deal

Signing a five-year exclusive deal.

LeBron's Nike Air Zoom Generation "SVSM" Will Release in 2018
Footwear

LeBron's Nike Air Zoom Generation "SVSM" Will Release in 2018

Paying homage to The King’s high school.

See What Went Down at The House of Rémy Martin's MVP Experience in Miami

See What Went Down at The House of Rémy Martin's MVP Experience in Miami

Presented by Rémy Martin
Featuring artwork by Matt W. Moore.

Patagonia's Trump Lawsuit Helped Increase Sales
Fashion

Patagonia's Trump Lawsuit Helped Increase Sales

It pays to care.

Listen to N.E.R.D., Kendrick Lamar and Frank Ocean's New Single, "Don't Don't Do It!"
Music

Listen to N.E.R.D., Kendrick Lamar and Frank Ocean's New Single, "Don't Don't Do It!"

Off of ‘No_One Ever Really Dies.’

Hailey Baldwin's Balancing Act for 'LOVE' Magazine's Advent Calendar
Entertainment

Hailey Baldwin's Balancing Act for 'LOVE' Magazine's Advent Calendar

“I love exercising in lingerie, I mean who doesn’t?”

Behind the Scenes With Migos' Stylist Zoe Costello
Fashion

Behind the Scenes With Migos' Stylist Zoe Costello

Presented by Prada
On set shooting the Prada Cloudbust sneaker.


The Nike Air Zoom Spiridon Debuts In "Team Orange/White"
Footwear

The Nike Air Zoom Spiridon Debuts In "Team Orange/White"

Echoing similar hues of the OG colorway.

Lamborghini Offers a Special Capsule Collection for Its Urus SUV
Fashion

Lamborghini Offers a Special Capsule Collection for Its Urus SUV

Including a couple loafers and a suede jacket.

Watch Mac DeMarco Perform "One Another" on 'The Late Show with Stephen Colbert'
Music

Watch Mac DeMarco Perform "One Another" on 'The Late Show with Stephen Colbert'

Backed by the jazz stylings of Jon Baptiste & Stay Human.

Ronnie Fieg Teases Upcoming Collaboration With LeBron James
Fashion

Ronnie Fieg Teases Upcoming Collaboration With LeBron James

The king of collabs links with King James.

Kobe Bryant's Retirement Jerseys Can Be Yours for $524.08 USD
Sports

Kobe Bryant's Retirement Jerseys Can Be Yours for $524.08 USD

Show your love for The Black Mamba.

Coca-Cola x atmos LAB's Special Capsule Is Now Available
Fashion

Coca-Cola x atmos LAB's Special Capsule Is Now Available

Just in time for the Holiday 2017 season.

More ▾