Apple to Invest $390 Million in Finisar, US Maker of iPhone X TrueDepth Camera Lasers

Apple announced on Wednesday its plans to invest $390 million in Finisar Corp, which supplies components for the vertical-cavity surface-emitting lasers (VCSEL) found in the iPhone X True Depth camera.

The investment will be used to build a plant in Texas to make more of the chips, and will be financed by Apple's $1 billion Advanced Manufacturing Fund, which the company created earlier this year to foster innovation and create jobs in the U.S.

FNSR Logo

"VCSELs power some of the most sophisticated technology we've ever developed and we're thrilled to partner with Finisar over the next several years to push the boundaries of VCSEL technology and the applications they enable," said Jeff Williams, Apple's chief operating officer. "Technology is only as good as the people behind it, and Finisar is a company with a long history of putting its employees first and supporting the community it's a part of. We're extremely proud that our involvement will help transform another American community into a manufacturing powerhouse."

According to Apple's statement, the award will enable Finisar to exponentially increase its R&D spending and high-volume production of VCSELs, which power some of the iPhone's X flagship features, such Face ID, Animoji and Portrait mode selfies, as well as the proximity-sensing capabilities of AirPods.

"We're excited to continue our innovation with Apple of a technology that has tremendous potential," said Jerry S. Rawls, CEO of Finisar. "When you combine our proven ability to consistently manufacture exceptional products with our new state-of-the-art Sherman facility, we're confident we can achieve our shared goal of providing consumers with incredibly exciting features. Finisar has always been keenly aware it takes great people to power our work and that's why we're thrilled to be adding Sherman to our family."

Several reports in the months running up to the launch of the iPhone X suggested Apple initially struggled to ensure the TrueDepth camera's components could be produced in large enough quantities to meet demand. The delicacy involved in producing the VCSEL lasers was said to be one of the reasons behind the supply constraints, so today's news should ensure future production can be ramped up more easily if and when required.

iphonextruedepthcamera 1
Apple is reportedly working on a new high-end 2018 iPad that will adopt many of the design elements from the revamped iPhone X, including built-in support for Face ID. The new tablet device, which is likely to be a "Pro" model, will reportedly do away with the Home button.

A rumor last month from Apple's supply chain has also suggested future iterations of the HomePod could come with 3D-sensing cameras to support Face ID. Meanwhile, KGI Securities analyst Ming-Chi Kuo has said Apple's Face ID technology is years ahead of similar facial recognition techniques from Android smartphone makers, and the company's rivals are struggling to catch up.

The first and only other time Apple has dipped into its Advanced Manufacturing Fund was in May, when it announced a $200 million investment in Corning, which manufactures the glass used in iPhones and other Apple products.

Top Rated Comments

maflynn Avatar
39 months ago

Reaction to someone "big" putting the fingerprint sensor under the display?

Nah, but it does indicate that Apple is all in on the FaceID technology
Score: 11 Votes (Like | Disagree)
Philcox19842013 Avatar
39 months ago

('https://www.macrumors.com/2017/12/13/apple-390-million-investment-in-finisar-us-maker/')


Apple announced on Wednesday its plans to invest $390 million in Finisar Corp, which supplies components for the vertical-cavity surface-emitting lasers (VCSEL) found in the iPhone X True Depth camera.

The investment will be used to build a plant in Texas to make more of the chips, and will be financed by Apple's $1 billion Advanced Manufacturing Fund ('https://www.macrumors.com/2017/05/03/tim-cook-manufacturing-fund-mad-money/'), which the company created earlier this year to foster innovation and create jobs in the U.S.


According to Apple's statement ('https://www.streetinsider.com/Corporate+News/Apple+%28AAPL%29+Awards+Finisar+%28FNSR%29+%24390M+From+Advanced+Manufacturing+Fund/13595447.html'), the award will enable Finisar to exponentially increase its R&D spending and high-volume production of VCSELs, which power some of the iPhone's X flagship features, such Face ID, Animoji and Portrait mode selfies, as well as the proximity-sensing capabilities of AirPods.
Several reports in the months running up to the launch of the iPhone X suggested Apple initially struggled to ensure the TrueDepth camera's components could be produced in large enough quantities to meet demand. The delicacy involved in producing the VCSEL lasers was said to be one of the reasons behind the supply constraints, so today's news should ensure future production can be ramped up more easily if and when required.



Apple is reportedly ('https://www.macrumors.com/2017/11/08/apple-2018-ipad-face-id/') working on a new high-end 2018 iPad that will adopt many of the design elements from the revamped iPhone X, including built-in support for Face ID. The new tablet device, which is likely to be a "Pro" model, will reportedly do away with the Home button.

A rumor last month ('https://www.macrumors.com/2017/11/13/future-homepod-models-face-id/') from Apple's supply chain has also suggested future iterations of the HomePod could come with 3D-sensing cameras to support Face ID. Meanwhile, KGI Securities analyst Ming-Chi Kuo has said Apple's Face ID technology is years ahead ('https://www.macrumors.com/2017/10/02/truedepth-camera-apple-android-lead/') of similar facial recognition techniques from Android smartphone makers, and the company's rivals are struggling to catch up.

The first and only other time Apple has dipped into its Advanced Manufacturing Fund was in May, when it announced a $200 million investment in Corning ('https://www.macrumors.com/2017/05/12/apple-awards-corning-manufacturing-fund-investment/'), which manufactures the glass used in iPhones and other Apple products.

Article Link: Apple to Invest $390 Million in Finisar, US Maker of iPhone X TrueDepth Camera Lasers ('https://www.macrumors.com/2017/12/13/apple-390-million-investment-in-finisar-us-maker/')

[doublepost=1513172326][/doublepost]Quick, sell your Finisar stock.....soon to be worth nothing....remember sapphire?
Score: 5 Votes (Like | Disagree)
Aston441 Avatar
39 months ago
Reaction to someone "big" putting the fingerprint sensor under the display?
Score: 4 Votes (Like | Disagree)
Mjmar Avatar
39 months ago
Gotta hand it to them, they chose what they think is the right solution and are sticking to it.
Score: 3 Votes (Like | Disagree)
Mike MA Avatar
39 months ago
Supply chain should be more solid now. Plus we will see more devices carrying Face ID. Saying that I would love it to have it on my Mac aswell-just sitting down in front of it and start working...
Score: 3 Votes (Like | Disagree)
lincolntran Avatar
39 months ago

Reaction to someone "big" putting the fingerprint sensor under the display?

Well, after using FaceID, I really don't want to go back to TouchID anymore. It's just so fast and seamless. I just pick up my phone and start using it, instead of looking at the home button and putting my finger on. I know it doesn't take that much effort, but if you do it a hundred times a day, it does matter.
Score: 2 Votes (Like | Disagree)

Top Stories

Apple Watc black friday 20 sale feature

Apple Black Friday 2020: Best Apple Watch Deals [Updated]

Wednesday November 25, 2020 4:01 pm PST by
Black Friday sales have begun on a variety of products, including the Apple Watch. There are quite a few deals across the Apple Watch lineup this year, including one of the lowest price we've ever seen the Apple Watch Series 3. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep the...
AirPods Pro black friday 20 sale feature 2

Black Friday 2020: AirPods Pro Reach Lowest Price Ever [Updated]

Wednesday November 25, 2020 3:22 pm PST by
Black Friday has kicked off this week, and one of the first major sales for the AirPods Pro is available right now on Walmart. You can find this deal below, along with a few other solid discounts on the regular AirPods. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site...
windows 10

Developer Successfully Virtualizes Windows for Arm on M1 Mac

Friday November 27, 2020 7:16 am PST by
Developer Alexander Graf has successfully virtualized the Arm version of Windows on an M1 Mac, proving that the M1 chip is capable of running Microsoft's operating system (via The 8-Bit). Currently, Macs with the M1 chip do not support Windows and there is no Boot Camp feature as there is on Intel Macs, but support for Windows is a feature that many users would like to see. Using the...
General black friday 20 sale feature

Thanksgiving Day Deals Still Available on AirPods, M1 Macs, Apple Watch Series 6, iPads

Thursday November 26, 2020 10:21 am PST by
Black Friday deals seem to start earlier and earlier every year, so there were already a wide variety of discounts available for Apple products on Thanksgiving Day. Many of the deals remain available even after Thanksgiving, but act fast, as inventory quickly fluctuates. Thanksgiving Day Deals on Apple Products — Still Available:AirPods with a wireless charging case remain available for...
iPhone black friday 20 sale feature

Apple Black Friday 2020: Best iPhone Deals

Friday November 27, 2020 12:56 pm PST by
Black Friday is halfway done, but there are still a few deals to shop for on iPhones at carriers like AT&T, Verizon, and T-Mobile/Sprint. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running. AT&T Starting with AT&T, you'll find up to $700 off any iPhone 12 when...
13 16 inch macbook pro air trio

Reliable Leaker Suggests Redesigned MacBooks in 2021 Will Include Both Apple Silicon and Intel Models

Wednesday November 25, 2020 9:15 am PST by
Reliable leaker known as "L0vetodream" has today suggested on Twitter that redesigned MacBooks coming in the second half of 2021 will include models with both Apple Silicon chips and Intel processors. The brief Tweet came in response to a MacRumors article from earlier today, which outlined a report from Ming-Chi Kuo claiming that Apple plans to release redesigned MacBook models with Apple ...
iphone trade in store

UK Environmental Committee Says Apple Contributing to 'Throwaway Culture' of 'Short-Lived Products'

Thursday November 26, 2020 7:07 am PST by
Technology companies like Apple are contributing to e-waste by making their products difficult to repair, and charging expensive repair fees, according to a lengthy report published today by the UK Parliament's Environmental Audit Committee. "We were told that Apple glues and solders parts together on their laptops, which makes repairing them very difficult," the Committee wrote in a summary ...
m1 chip macbook air pro

Kuo: Redesigned MacBooks With Apple Silicon to Launch in Second Half of 2021

Tuesday November 24, 2020 7:53 pm PST by
Apple plans to release additional MacBook models with Apple Silicon in the second half of 2021, according to analyst Ming-Chi Kuo, as part of the company's two-year transition away from Intel processors across its Mac lineup. In a research note today, obtained by MacRumors, Kuo said that these MacBook models will feature a new design. Kuo did not specify which models these will be, but he...
mac mini macbook pro macbook air

Apple M1 Hands-On Comparison: MacBook Air vs. MacBook Pro vs. Mac Mini

Monday November 23, 2020 3:40 pm PST by
Apple's M1 Macs are out in the wild now, but ahead of the holidays, you might still be trying to figure out which one to pick up, either for yourself or as a gift for someone else. We've got all three of the new Macs available, so we thought we'd give MacRumors readers a hands-on overview of each machine in our latest YouTube video. Subscribe to the MacRumors YouTube channel for more videos. ...
iPad Pro 5G and Mini LED feature

Rumored 2021 High-End iPad Pro May Feature 5G With mmWave Support

Thursday November 26, 2020 2:14 am PST by
Apple's rumored high-end iPad Pro models to be released next year will be 5G-enabled with mmWave support, according to sources cited by industry publication DigiTimes. Multiple rumors have suggested Apple is planning to release a high-end 12.9-inch iPad Pro with a mini-LED display next year, with the possibility that there will be an 11-inch mini-LED model too, but details beyond that have...