Apple injects $410M into laser maker as AR glasses rumors swirl

Apple on Friday announced it was awarding $410 million from its Advanced Manufacturing Fund to little-known optical manufacturing company II-VI to “create additional capacity and accelerate delivery of future components for iPhone.”The company, which has been an Apple partner since 2017, makes “vertical-cavity surface-emitting lasers (VCSELs) that help power Face ID, Memoji, Animoji, and Portrait mode selfies” made possible by the True Depth camera system. It also manufac