Wednesday, December 13, 2017
Apple invests $390 million in TrueDepth component maker Finisar
Apple announced a substantial investment in Finisar. Apple is giving Finisar $390 million to build a new 700,000-square-foot manufacturing plant in Sherman, Texas. Finisar is going to hire 500 people to work on the laser sensor in the TrueDepth camera in the iPhone X. Today’s investment is part of Apple’s commitment to invest $1 billion in U.S.-based companies with its Advanced Manufacturing 
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