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Face ID tech gets $390mn boost

Bloomberg Apple Inc. is spending $390 million to boost production from a maker of laser technology that’s critical for new iPhone X features such as facial recognition. Apple, whose products can stretch the manufacturing capabilities of suppliers, will invest the money in Finisar Corp. from a $1 billion manufacturing fund announced earlier this year with the aim of creating more ...

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Samsung to launch smart speaker

Bloomberg Samsung Electronics Co. is aiming to introduce a smart speaker in the first half of 2018, entering a crowded field of voice-controlled devices from Amazon.com Inc., Apple Inc. and Alphabet Inc., people briefed on the plans said. The device by the South Korean technology giant will have a strong focus on audio quality and the management of connected home ...

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Robots multiply in China, surpass 100,000 yearly

Bloomberg China is churning out robots. Annual production of industrial robots surpassed 100,000 for the first time — and it only took 10 months. Shipments were up 67 percent through October compared with a year earlier, state media reported. And there’s more to come: full-year output will reach 120,000 units, according to Ministry of Industry and Information Technology forecasts. China ...

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