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Apple just made a super-strategic investment in laser tech: Here’s why

Apple just made a super-strategic investment in laser tech: Here’s why

Posted on May 7, 2021August 27, 2023 By Jarvis

Apple has pumped a further $410 million into a key supplier for its laser tech, used in the iPhone and iPad cameras for Face ID and the LiDAR Scanner. The investment is the second the Cupertino firm has made in II-VI, and one which Apple suggests will get it earlier access to upcoming components for next-gen devices.

Back in 2017, Apple pulled $390 million from its Advanced Manufacturing Fund for the company, which was then known as Finisar.
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Phones Tags:Apple, ipad, iphone

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