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News › iPhone

iPhone

Apple invests $390M in Finisar, company that makes lasers for iPhone X

Last updated: May 14, 2021 2:54 pm UTC
By Dan Pye
Apple invests $390M in Finisar, company that makes lasers for iPhone X

Apple has announced a $390 million investment in Finisar, the company that produces lasers used in the iPhone X’s Face ID technology, according to a press release.

Apple invests $390M in Finisar, company that makes lasers for iPhone X

The money is expected to be spent on research and development and high-volume production of the vertical-cavity surface-emitting lasers that power Face ID, Portrait mode selfies and even the proximity-sensing capabilities of AirPods.

Finisar will be remodelling a 700,000-square-foot manufacturing plant in Sherman, Texas to add more than 500 jobs for engineers, technicians and maintenance teams to dramatically increase production.

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