Apple is leveraging its investment fund to inject $ 390 million into Finisar, a producer of VCSEL laser components needed for Face ID facial recognition.
There were many rumors before the launch of the iPhone X to report the difficulties of production of Face ID components and the risk of shortage at the beginning of the marketing of the smartphone, with consequences on the quarterly volumes of iPhone.
At the same time, the company should extend the presence of the elements needed for the Face ID to other devices, in iPad tablets as in all iPhone 2018.
Related: iPhone X: a boon for Android
It therefore requires a strong supply of components to meet future needs.
Apple announces a $ 390 million investment through its Advanced Manufacturing Fund to help its suppliers secure its huge supplies, in the company Finisar specializes in the production of VCSEL components (Vertical Cavity Surface-Emitting Laser) used for Face ID facial recognition.
This money will be used, among other things, to increase the production capacity of the Finisar site in Sherman, Texas, eventually creating 500 highly skilled jobs. The announcement was hailed on the stock market with a 27% increase in the price of the supplier.
Related: iPhone X: Face ID hack with a mask
This deal is the second for the $ 1 billion fund, after a $ 200 million package for Corning (maker of Gorilla Glass reinforced glass) in May.
Source : Wall Street Journal
💌 Follow by Email:Digital Channel
🌍🔍 Search Google :digitalchannel.tk
Click Index You Might Be Interested
suivre Dhaouadi Aymensur
