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Lumentum, Finisar: When Will M&A Happen? Asks Morgan Stanley

The fiber optic market of Lumentum and Finisar and Viavi and others has too many vendors and not enough customers, but it is proving resistant to M&A, observes Morgan Stanley's Meta Marshall, one of several reasons to be cautious on the group.

Apple Pays Finisar $390 Million To Try And Lock Down Its Supply Of Precious iPhone X Sensors

Tech giant Apple brought the iPhone X to market this year, but not without significant production stumbles that resulted in predictions of supply shortages for retailers and consumers. Reports on Wednesday show that Apple is moving quickly to ensure future access to some of the device's more elaborate parts to decrease the odds of that happening again in the future. More »      

Finisar and Apple: It’s Better Than It Looks, Says Needham

The Street yesterday mis-read a deal announced between Apple and Finisar to produce "VCSEL" lasers for augmented reality. It's actually not a financing of Finisar, it's a projection of future business, which makes it even more promising, writes Alex Henderson of Needham & Co.

Apple ready to expand Advanced Manufacturing Fund beyond $1B, COO says

After Apple announced plans to infuse $390 million into U.S. firm Finisar as part of its $1 billion Advanced Manufacturing Fund, COO Jeff Williams commented on the company's investment strategy, saying the figure is "absolutely not" a final cap.

Apple invests $390 million in VCSEL maker Finisar

2 months agoTechnology / Apple : ZDNet Apple

VCSELs are an optical technology used in the iPhone X for Face ID, Animoji, and the TrueDepth camera's Portrait mode.

Apple just confirmed how important the iPhone X’s 3D camera really is

Apple on Wednesday announced that it’s awarding Finisar $390 million from its Advanced Manufacturing Fund. That’s an impressive investment in a critical supplier, following the $200 million that Apple awarded to Corning in May from the...Show More Summary

Apple’s $390M deal with Finisar is advance orders, not investment; helps lock out competitors

2 months agoTechnology / Apple : 9 to 5 Mac

Finisar has clarified that the $390M contribution from Apple’s Advanced Manufacturing Fund announced yesterday is not an investment in the company, but rather an agreed payment for anticipated future orders. The company makes vertical-cavity...Show More Summary

Jeff Williams says Apple is prepared to invest more than $1B in US manufacturers

2 months agoTechnology / Apple : 9 to 5 Mac

Earlier today, Apple announced that it is investing $390 million in U.S. manufacturer Finisar as part of its billion dollar Advanced Manufacturing Fund. Speaking to CNBC, however, Apple COO Jeff Williams says we shouldn’t read too much into that $1 billion fund… more…

Apple didn't make an equity investment in Finisar (AAPL, FNSR)

Apple announced on Wednesday it is giving one of its laser manufacturers, Finisar, $390 million. Many outlets reported the news as an "investment." Finisar said in a statement on Wednesday evening that Apple had not made a debt or equity...Show More Summary

Apple invests $390 million in the production of...lasers?

Apple has invested $390 million in Finisar, a manufacturer of optical communications components.   That's right: It's investing in lasers.  SEE ALSO: Gift ideas for your friend who can’t put down their iPhone According to Apple, the money will enable Finisar to increase research and development of vertical-cavity surface-emitting lasers (VCSELs). Show More Summary

Apple will invest $390 million in TrueDepth laser maker Finisar

Apple has officially announced plans to invest in Finisar, the company that provides the parts for the lasers in iPhone X's TrueDepth camera. Today, Apple announced in a press release that its going to invest $390 million in FinisarShow More Summary

News: Apple invests $390M in Finisar, company that makes lasers for iPhone X

2 months agoTechnology / Mobile : iLounge

Apple has announced a $390 million investment in Finisar, the company that produces lasers used in the iPhone X’s Face ID technology, according to a press release. The money is expected to be spent on research and development and high-volume...Show More Summary

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). Show More Summary

Apple-Finisar Deal: Don’t Count Out Lumentum, Says Raymond James

Apple's just "stepped up the excitement" for 3-D sensing with a deal to fund Finisar to produce more "VCSEL" lasers, but that's also good for other suppliers, such as Lumentum, whose shares dropped 10% on the news.

Apple is investing $390 million into a company that makes chips for the iPhone X and AirPods

2 months agoLifestyle / Fashion : AOL: Style

Apple announced that it's investing $390 million (£292 million) into Finisar, a company that builds special chips for some of its products. This is the second round in a larger $1 billion (£750 million) investment plan which first saw Apple investing in Corning, a firm that manufactures the glass used in most of its devices. Show More Summary

Apple invests $390M in US maker of iPhone X’s Face ID lasers

Apple Inc. will invest $390 million in Finisar Corp., an American optics company that produces components for iPhone X’s facial recognition technology. The investment comes from Apple’s $1 billion Advanced Manufacturing Fund, which aims to create more manufacturing jobs in the U.S. Show More Summary

Finisar soars after Apple announces $390 million investment (FNSR, AAPL)

Finisar, the maker of specialty chips for the Apple iPhone X and AirPods, is trading up 26.84% at $24.43 a share after Apple announced a $390 million investment in the company. Finisar is hoping to reopen a manufacturing plant in Texas with the help of Apple's investment. Show More Summary

Finisar soars after Apple announces $390 million investment (FNSR, AAPL)

Finisar, the maker of specialty chips for the Apple iPhone X and AirPods, is trading up 26.84% at $24.43 a share after Apple announced a $390 million investment in the company. Finisar is hoping to reopen a manufacturing plant in Texas with the help of Apple's investment. Show More Summary

Apple pours cash into Finisar, which makes facial recognition tech

Apple Inc. has made its second notable investment this week — this time in facial recognition technology company Finisar Corp. The $390-million investment announced Wednesday comes from Apple's $1-billion Advanced Manufacturing Fund, created to finance the work of domestic manufacturers and create...

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