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You are here: Home / Archives for iphone sapphire

GT Advanced Technologies, Apple’s Recent Acquisition, Files for Bankruptcy

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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...]

Filed Under: Business, Technology Tagged With: Apple, bankruptcy, GT advanced technologies, iPhone, iphone 5, iPhone 6, iPhone 6 Plus, iphone producers, iphone sales, iphone sapphire, Samsung Galaxy S5, Smartphones, weekend sales

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