Home / iPhone / Apple’s Advanced Manufacturing Fund awards $410M to II-VI, supporting 700 US jobs

Apple’s Advanced Manufacturing Fund awards $410M to II-VI, supporting 700 US jobs

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Apple’s Advanced Manufacturing Fund has provided a further $410M to optical tech company II-VI (formerly known as Finisar), following an initial advance of $390M back in 2017. The company makes the vertical cavity lasers used in the TrueDepth camera system for Face ID.

Apple says that the payment will help to support more than 700 jobs across four US states …

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The post Apple’s Advanced Manufacturing Fund awards $410M to II-VI, supporting 700 US jobs appeared first on 9to5Mac.

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