Apple to give II-VI $410 million from Advanced Manufacturing Fund
(iMore iPhone)

`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` What you need to know Apple is giving II-VI $410 million from its Advanced Manufacturing Fund. II-VI makes VCSELs for tech like Face ID and Portrait mode on iPhone. The move will create 700 jobs in America. Apple has today announced it is giving $410 million to II-VI, maker of optic technology that powers features of the iPhone 12 like Face ID and Portrait mode. The company stated: Apple today announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a leading manufacturer of optical technology. Today`s award builds on an initial $390 million awarded from Apple`s Advanced Manufacturing Fund in 2017. The expansion of the company`s long-standing relationship with II-VI will create additional capacity and accelerate delivery of future components fo...