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Apple Awards Additional $410 Million to US-Based Optical Technology Firm II-VI

Apple today announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a US-based manufacturer of optical technology that is a supplier of Face ID and LiDAR scanners for Apple.

The new award is in addition to an initial $390 million that was awarded from Apple’s Advanced Manufacturing Fund in 2017 to optical supplier Finisar in 2017, which was acquired by II-VI. The expansion of the company’s long-standing relationship with II-VI will create additional capacity and accelerate delivery of future components for iPhone, with 700 jobs in Sherman, Texas; Warren, New Jersey; Easton, Pennsylvania; and Champaign, Illinois.

II-VI manufactures vertical-cavity surface-emitting lasers (VCSELs) that help power Face ID, Memoji, Animoji, and Portrait mode selfies. Apple also works with II-VI to manufacture lasers used in the LiDAR Scanner — technology that helps deliver faster, more realistic augmented reality experiences and improves autofocus in low-light scenes in photos and videos.

“We established Apple’s Advanced Manufacturing Fund to support American businesses creating next-generation technology and the jobs of tomorrow,” said Apple COO Jeff Williams. “II-VI shares our commitment to push the boundaries of innovation and we’re proud to be extending our work together across the country.”

“The partnership between Apple and II-VI sets the stage for a new wave of breakthrough technologies that we believe will enable a wide range of applications that will benefit our world for decades to come,” said Dr. Vincent Mattera Jr., II-VI’s CEO. “We are incredibly grateful for Apple’s support which has allowed us to expand our manufacturing capacity and scale our operations across the US.”

Chris Hauk

Chris is a Senior Editor at Mactrast. He lives somewhere in the deep Southern part of America, and yes, he has to pump in both sunshine and the Internet.