Apple’s $390M deal with Finisar is advance orders, not investment; helps lock out competitors – 9to5Mac

Finisar has clarified that the $390M contribution from Apple’s Advanced Manufacturing Fund announced yesterday is not an investment in the company, but rather an agreed payment for anticipated future orders. The company makes vertical-cavity surface …
Apple grants Finisar $390M for research & production on laser tech used in iPhone XAppleInsider (press release) (blog)
Apple invests $390 million in US-made iPhone lasersThe Verge
Apple Pays Finisar $390 Million to Try and Lock Down Its Supply of Precious iPhone X SensorsGizmodo
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