Apple partnership supporting 700 jobs in 4 areas, including Palmer Township
Updated 1:20 PM;
Today 10:38 AM
Apple is supporting 700 jobs in four areas, including in Palmer Township, with the help of a $410 million award from its Advanced Manufacturing Fund. This year’s award benefits II-VI, a leading manufacturer of optical technology.
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Apple is supporting 700 jobs in four areas, including in Palmer Township, with the help of a $410 million award from its Advanced Manufacturing Fund.
The funding builds on an initial $390 million awarded from Apple’s Advanced Manufacturing Fund in 2017. This year’s award benefits II-VI, a leading manufacturer of optical technology. The expansion of the company’s long-standing relationship will create additional capacity and accelerate delivery of future components for iPhone, with 700 jobs being supported at the 2251 Newlins Mill Road site in Palmer Township; as well as in Warren Township, Somerset County; Sherman, Texas
Apple has announced a new US$410 million award from its Advanced Manufacturing Fund for II-VI, a manufacturer of optical technology. Today’s award builds on an initial $390 million awarded from Apple’s Advanced Manufacturing Fund in 2017.
The expansion of the company’s long-standing relationship with II-VI will create additional capacity and accelerate delivery of future components for iPhone, with 700 jobs in Sherman, Texas; Warren, New Jersey; Easton, Pennsylvania; and Champaign, Illinois.
II-VI manufactures vertical-cavity surface-emitting lasers (VCSELs) that help power Face ID, Memoji, Animoji, and Portrait mode selfies. Apple also works with II-VI to manufacture lasers used in the LiDAR Scanner technology that helps deliver faster, more realistic augmented reality experiences and improves autofocus in low-light scenes in photos and videos.
Apple has doubled the amount awarded to II-VI from its Advanced Manufacturing Fund, now paying a further $410 million to the optical technology firm that makes iPhone components.
Apple has announced an additional $410 million award for Pennsylvania-based optical technology firm, II-VI. Coming from Apple s Advanced Manufacturing Fund that s intended to promote jobs and development, the sum follows a previous $390 million that was awarded in 2017. We established Apple s Advanced Manufacturing Fund to support American businesses creating next-generation technology and the jobs of tomorrow, said Apple s chief operating officer, Jeff Williams, in a statement. II-VI shares our commitment to push the boundaries of innovation and we re proud to be extending our work together across the country.
Apple awards $410 million to a Pennsylvania technology firm that could be growing its Lehigh Valley presence mcall.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mcall.com Daily Mail and Mail on Sunday newspapers.
Apple is giving II-VI $410 million from its Advanced Manufacturing Fund.
II-VI makes VCSELs for tech like Face ID and Portrait mode on iPhone.
The move will create 700 jobs in America.
Apple has today announced it is giving $410 million to II-VI, maker of optic technology that powers features of the iPhone 12 like Face ID and Portrait mode.
The company stated:
Apple today announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a leading manufacturer of optical technology. Today s award builds on an initial $390 million awarded from Apple s Advanced Manufacturing Fund in 2017. The expansion of the company s long-standing relationship with II-VI will create additional capacity and accelerate delivery of future components for iPhone, with 700 jobs in Sherman, Texas; Warren, New Jersey; Easton, Pennsylvania; and Champaign, Illinois.