Last month, Apple unveiled its iPhone 6 and iWatch. Despite several negative reviews regarding the iPhone's 6 bending properties, the smart-phone was very well received. However, Apple may have hit a problem which will definitely affect Apple's watch production which was announced for early 2015. It seems that GT Advanced Technologies, the company that is supplying sapphire glass for Apple watches … [Read more...]
GT Advanced Technologies, Apple’s Recent Acquisition, Files for Bankruptcy
Last year, Apple purchased GT Advanced Technologies for $578 million, after strenuous negotiations concerning the ultra-hard sapphire material producer. On Monday, GT filed for bankruptcy in a federal court, a move that comes only a few weeks after the tech giant revealed that it was no longer using sapphire as a cover for its newer iPhone models displays. Today’s bankruptcy filing is, however, … [Read more...]