Wednesday, October 8, 2014

Apple withheld $139 million payment to sapphire partner GT Advanced, future sapphire iPhones in doubt


Concerns were raised on Monday when Apple's sapphire supplier filed for bankruptcy. Mesa, Arizona-based GT Advanced filed for bankruptcy protection under Chapter 11 meaning it could continue "business as usual" until issues with creditors were solved. The surprising turn of events at the plant led many to speculate as to the reasons why the company was...


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