• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Coherent and Apple Expand Strategic Partnership With New Multiyear VCSEL Agreement in Texas

By: Coherent Corp. via GlobeNewswire
August 07, 2025 at 09:03 AM EDT

SAXONBURG, Pa., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announced that it has entered a new multiyear strategic supply agreement with Apple, expanding their long-standing partnership. Under the new agreement, Coherent will continue to produce vertical-cavity surface-emitting lasers (VCSELs) that enable key features such as Face ID on iPhone and iPad devices shipped around the world. This critical work is conducted at Coherent’s state-of-the-art manufacturing facility in Sherman, Texas.

“This agreement is a testament to the strength of our partnership with Apple and our shared commitment to drive the industry’s technology roadmap with leading scale, breadth of capabilities, and depth of innovative solutions,” said Jim Anderson, CEO of Coherent. “We’re proud that our Sherman facility plays such an important role in producing the laser components that power some of Apple’s most iconic innovations.”

“With our new American Manufacturing Program, we’re proud to partner with companies like Coherent to create new jobs and bring even more manufacturing to America,” said Sabih Khan, Apple’s chief operating officer. “This is part of our $600 billion commitment to the U.S. over the next four years, and we couldn’t be more excited about the future of American innovation.”

Coherent’s Sherman site in Texas hosts state-of-the-art 6-inch wafer compound semiconductor epitaxy, fabrication, and device manufacturing platforms for next-generation optoelectronic applications.

About Coherent

Coherent is the global photonics leader. We harness photons to drive innovation. Industry leaders in the datacenter, communications, and industrial markets rely on Coherent’s world-leading technology to fuel their own innovation and growth.

Founded in 1971 and operating in more than 20 countries, Coherent brings the industry’s broadest, deepest technology stack; unmatched supply chain resilience; and global scale to help its customers solve their toughest technology challenges. Visit us at coherent.com.

Media Contact:
innovations@coherent.com 


Primary Logo

More News

View More
Auto Tariffs Are Coming Down: 3 Stocks to Benefit Soon
August 31, 2025
Via MarketBeat
Topics Government World Trade
Tickers AAP F STLA
Tencent Music Stock Outshines Spotify as China’s Music Giant
August 31, 2025
Via MarketBeat
Topics Economy
Tickers NTES SPOT TCEHY TME
DICKS’s Sporting Goods Stock Dropped After Earnings—Is It a Buy?
August 30, 2025
Via MarketBeat
Tickers DKS
Engines to AI: Cummins’ Surprising Growth Driver
August 30, 2025
Via MarketBeat
Topics Artificial Intelligence Earnings Energy
Tickers CMI
Smaller Industrials Names Seeing Surging Growth: Here's Why
August 30, 2025
Via MarketBeat
Topics Earnings
Tickers AZZ CAT DY PRIM XLI
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap