Apple awards $390 million from its advanced manufacturing fund to Finisar for its optical components

Apple has awarded $390 million from its $1 billion advanced manufacturing fund to a US company called Finisar. 

The computing devices giant says the award is part of its long-term aim to support innovation and job creation by American manufacturers.

The award will enable Finisar to exponentially increase its R&D spending and high-volume production of vertical-cavity surface-emitting lasers (VCSELs).  Continue reading Apple awards $390 million from its advanced manufacturing fund to Finisar for its optical components