Cupertino (California), May 7: Apple has awarded USD 410 million to II-VI, a leading manufacturer of optical technology, that will create additional capacity and accelerate production of future components for iPhone, supporting more than 700 jobs across the US.
II-VI manufactures vertical-cavity surface-emitting lasers (VCSELs) that help power Face ID, Memoji, Animoji, and Portrait mode selfies.
Apple said in a statement on Thursday that 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 Jeff Williams, Apple's chief operating officer.
"II-VI shares our commitment to push the boundaries of innovation and we're proud to be extending our work together across the country," he added.
Apple's expanded partnership with II-VI is part of the company's plans to invest $430 billion and add 20,000 new jobs across the US over the next five years.
"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.
(IANS/2 days ago) https://www.newkerala.com/world-news.php
