Apple Awards $410 Million to Face ID and LiDAR Scanner Supplier II-VI

Apple today announced it has awarded $410 million from its Advanced Manufacturing Fund to Pennsylvania-based II-VI, a manufacturer of optical technology.
The funds will help create additional capacity and accelerate delivery of future iPhone components, supporting more than 700 jobs in Sherman, Texas; Warren, New Jersey; Easton, Pennsylvania; and Champaign, Illinois, according to Apple.

II-VI manufactures vertical-cavity surface-emitting lasers (VCSELs) that help power Face ID, along with lasers for the LiDAR Scanner:

II-VI manufactures vertical-cavity surface-emitting lasers (VCSELs) that help power Face ID, Memoji, Animoji, and Portrait mode selfies. Apple also works with II-VI to manufacture lasers used in the LiDAR Scanner — technology that helps deliver faster, more realistic augmented reality experiences and improves autofocus in low-light scenes in photos and videos.

"We established Apple's Advanced Manufacturing Fund to support American businesses creating next-generation technology and the jobs of tomorrow," said Apple COO Jeff Williams. "II-VI shares our commitment to push the boundaries of innovation and we're proud to be extending our work together across the country."

Apple's Advanced Manufacturing Fund already awarded $390 million to optical supplier Finisar in 2017, and that company has since been acquired by II-VI.
Tag: Advanced Manufacturing Fund

This article, "Apple Awards $410 Million to Face ID and LiDAR Scanner Supplier II-VI" first appeared on MacRumors.com

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