
Apple will invest $390 million in Finisar to support the high-volume production of Finisar's vertical-cavity surface-emitting lasers (VCSELs), which are used power Apple’s TrueDepth camera on the iPhone X as well as the proximity-sensing capabilities of AirPods. The iPhone X's TrueDepth camera enables Face ID, Animoji and Portrait mode selfie capabilities.
The $390 million investment comes from Apple's $1 billion Advanced Manufacturing Fund...