Apple Inc. Makes a Huge Investment in Key Supplier

This year, Apple (NASDAQ: AAPL) launched an ultra-premium smartphone called the iPhone X. One of the standout features of the device is what the company refers to as its TrueDepth camera, which is a 3D-sensing camera that enables functionality such as secure facial recognition and facial tracking. 

A key hardware component inside of the TrueDepth camera is a vertical-cavity surface-emitting laser, or VCSEL.

Image source: Apple.

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Source: Fool.com