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Tag: GT Advanced

Document details problems between Apple and sapphire supplier GT Advanced

When GT Advanced filed for Chapter 11 bankruptcy earlier this month, COO Daniel Squiller included a sealed affidavit with details on GT Advanced's relationship with Apple. The document was not made public due to non-disclosure agreements between the two companies. Any breach of this agreement woul...

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Apple and GT Advanced agree to part ways

Apple and sapphire supplier GT Advanced Technologies have reached an agreement that severs the ties between the two companies. GT Advanced's lawyer Luc Despins told a bankruptcy court that the two companies have agreed to an "amicable parting of the ways." Under the agreement, GT Advanced would r...

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Apple was surprised by GT Advanced bankruptcy

Apple was caught off-guard by GT Advanced Technologies' announcement that they plan to file for Chapter 11 bankruptcy, according to a report published today in Reuters. In the iPhone maker's first public response, it said it was working with Arizona officials on its next moves. "We are focused ...

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Apple's sapphire supplier GT Advanced Technologies files for bankruptcy

GT Advanced Technologies, the company Apple tapped to manufacture large quantities of sapphire, filed for Chapter 11 bankruptcy earlier today. Over the past year, Apple helped GT Advanced orchestrate the build-out of a brand new sapphire manufacturing facility in Arizona, even providing GT Advanc...

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Apple clears final hurdle to bring sapphire-manufacturing plant to Arizona

AZCentral is reporting that the Gilbert Public School Board voted to approve a tax break for Apple, thereby clearing the way for Apple to open up its planned sapphire-manufacturing plant in Mesa, Ariz. Under terms of the agreement, Apple will buy the land, pay all expenses needed to build out the ...

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