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Apple invests $390 million into Face ID and AirPod tech
Apple has made another investment with its Advanced Manufacturing Fund (AMF), awarding Finisar $390 million. If the name doesn't sound familiar, its work will. Finisar is the company behind the iPhone X's Face ID, Animoji and Portrait mode for selfies -- all of which rely on vertical-cavity surface-emitting lasers (VCSEL). It's also responsible for your AirPods' proximity sensing tech. The investment means Finisar will set up shop in a 700,000 square-foot manufacturing facility in Texas in addition to expanding its research and development team.