Apple has awarded an additional $410 million from its Advanced Manufacturing Fund to II-VI, a firm that makes optical technology for the iPhone, including the laser for the LiDAR scanner found in the iPhone 12 Pro.
Apple previously awarded the firm $390 million back in 2017. The extra cash will “accelerate delivery of future components” for iPhone. It will also help fund the creation of more than 700 jobs in Texas, New Jersey, Pennsylvania, and Illinois.
