Apple Awards $400 Million to II-VI Company

CUPERTINOApple has announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a publicly-traded manufacturer of optical technology based in Saxonburg, PA.

The new 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, TX; Warren, NJ; Easton, PA; and Champaign, IL.

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 began working with II-VI in Sherman, Texas, in 2017 as part of the company’s Advanced Manufacturing Fund, which helped transform a long-shuttered, 700,000-square-foot building into a high-tech manufacturing facility and created hundreds of local jobs. Through close collaboration with Apple engineering and operations teams, the company has rapidly increased production in the past year to enable record shipments from the Sherman facility.

“We established Apple’s Advanced Manufacturing Fund to support American businesses creating next-generation technology and the jobs of tomorrow,” said Jeff Williams, Apple’s chief operating officer. “II-VI shares our commitment to push the boundaries of innovation and we’re proud to be extending our work together across the country.”

“The partnership between Apple and II-VI sets the stage for a new wave of breakthrough technologies that we believe will enable a wide range of applications that will benefit our world for decades to come,” said Dr. Vincent Mattera Jr., II-VI’s CEO. “We are incredibly grateful for Apple’s support which has allowed us to expand our manufacturing capacity and scale our operations across the US.”