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). [Read more…] about Apple awards $390 million from its advanced manufacturing fund to Finisar for its optical components