Apple's 3D-Sensing Suppliers See Mixed Reaction to iPhone X Unveiling
Something peculiar happened yesterday as Apple (NASDAQ: AAPL) was unveiling its iPhone X. The shares of its two expected suppliers for vertical-cavity surface-emitting lasers (VCSEL) -- Finisar (NASDAQ: FNSR) and Lumentum Holdings (NASDAQ: LITE) -- reacted very differently to the announcement of a new TrueDepth camera system that would use depth mapping for 3D facial recognition. There were clues in the companies' recent conference calls over the summer that suggested that they would be splitting the VCSEL design win.
Apple did not specify by name that it was using VCSEL sensors (pronounced "vixel"), but there should be little doubt that the "Dot projector" is indeed a VCSEL array. In its July 2016 patent (originally filed in July 2014) that describes a structured light projector, it notes that the projector is "typically a laser diode." VCSELs are laser diodes with small apertures that allow for greater accuracy, can be tuned to nearly any wavelength (including invisible infrared, like Apple is using), and enable 3D-sensing technologies. Yet shares of Lumentum fell during the presentation, while Finisar shares enjoyed modest gains.
Source: Fool.com
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