SAN FRANCISCO: Apple Inc's US$390mil (RM1.5bil) deal with chip supplier Finisar Corp announced on Wednesday helps lock in the supply of a component that Apple believes will play a big role in its future products by bolstering augmented reality features. Apple awarded Finisar US$390mil (RM1.5bil) from a US$1bil (RM4.07bil) fund dedicated to American manufacturing. While Apple almost never talks about forthcoming products, chief executive officer Tim Cook has been uncharacteristically vocal about Apple's future focus on AR, calling it a "big and profound" technology shift. Apple released tools for app makers to start creating AR apps over the summer and enabled it on all iPhones back to the iPhone 6s. Analysts believe Apple's deal with Finisar means it will be entitled to the production capacity that results.

Source: The Star December 14, 2017 02:15 UTC