Finisar Corp (FNSR.O)
* FINISAR ANNOUNCES THIRD QUARTER FISCAL 2018 FINANCIAL RESULTS
Apple Inc will open a new campus as part of a five-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump. | Video
Jan 17 Apple Inc will open a new campus as part of a five-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.
* FINISAR ANNOUNCES RETIREMENT OF CO-FOUNDER AND CEO JERRY RAWLS AND APPOINTMENT OF MICHAEL HURLSTON AS CHIEF EXECUTIVE OFFICER
Dec 14 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
SAN FRANCISCO Apple Inc's $390 million 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 Inc said on Wednesday it had awarded $390 million to optical components maker Finisar Corp to boost production of laser chips that power iPhone X's features such as Face ID, Animoji and portrait mode photos.
* Shares soar 30 pct, rival Lumentum's stock plunges (Adds Finisar's response)
* FINISAR ISSUES STATEMENT ON APPLE'S $390 MILLION AWARD TO CO
Dec 13 Apple Inc said on Wednesday it would invest $390 million in Finisar Corp, which it will use to build out a plant in Texas to make chips that power popular iPhone features such as face ID, animojis and portrait-mode selfies.