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Thursday, March 28, 2024

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  1. albo

    FNSR

    ~~   Apple awards Finisar (FSNR +21%) $390 mln from its advanced manufacturing fund for VCSEL production..

    The award will enable Finisar (FNSR +21%) to exponentially increase its R&D spending and high-volume production of vertical-cavity surface-emitting lasers (VCSELs). VCSELs power some of Apple's most popular new features, including Face ID, Animoji and Portrait mode selfies made possible with the iPhone X TrueDepth camera, as well as the proximity-sensing capabilities of AirPods.
     



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