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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

Apple, II-VI to Accelerate iPhone, Lidar Developments

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Apple has awarded more than $400 million from its Advanced Manufacturing Fund to optical components and semiconductor materials company II-VI. The funding builds on an initial $390 million that Apple awarded II-VI in 2017. Apple said the expansion of its collaboration with II-VI will create additional capacity and accelerate delivery of future components for iPhones, with 700 news jobs across four states. II-VI, which is in the process of acquiring laser manufacturer Coherent, manufacturers VCSELS that help power Face ID, Memoji, Animoji, and Portrait mode selfies. Apple, it said,...Read full article

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    Published: May 2021
    Glossary
    digital
    Denoting the use of binary notation; i.e., the representation of data by bits (1 or 0).
    II-VIVCSELssemiconductorsAmericasBusinessiPhonedigitalConsumerawardoptical componentsLight Sourceslight speed

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