Why Apple Is Investing $390 Million in Finisar

Why Apple Is Investing $390 Million in Finisar

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Interactive Video

Business, Social Studies

University

Hard

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Apple is investing $390 million in a Texas-based company, Venice, to enhance its manufacturing capabilities in the US. This investment will create jobs and help alleviate supply chain challenges. The laser technology developed by Venice is crucial for Apple's products like AirPods and iPhone X, used in features such as Face ID and Animoji. Apple's focus on AR technology gives it a competitive edge over rivals like Samsung and Google. The company's M&A strategy includes both acquisitions, like Shazam, and significant investments in technology to prepare for future needs.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the amount Apple is investing in the Texas-based company Venice?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the technology used in AirPods relate to the lasers mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact is the $390 million investment expected to have on job creation in Texas?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is Apple using the technology for facial recognition beyond the iPhone?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two paths Apple is taking in its M&A strategy as discussed in the text?

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