Apple supplier Lumentum raises Coherent buyout offer to $7 billion
Apple supplier Lumentum raises Coherent buyout offer to $7 billion
Optical fiber firm Lumentum, a supplier of 3D sensors used in Apple’s TrueDepth camera systems including Face ID, said on Tuesday it has raised its buyout offer for Coherent to about $7 billion, the latest bid in a three-way battle for the laser maker. Apple’s iPhone X introduced the TrueDepth Camera system and secure Face ID Reuters: Lumentum had previously raised the offer to $6.9 billion on…
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