Apple will convert the failed GT Advanced sapphire plant in Arizona into a massive data center
Apple is planning to invest more than $2 billion into the project.
Apple is planning to invest more than $2 billion into the project.
GT Advanced Technologies is seeking to give millions in bonuses to its senior executives in hopes of keeping them in its employ.
“The deal uncouples GT Advanced from Apple, and keeps a lid on litigation that could erupt from the corporate breakup ..."
The Wall Street Journal has published a new report chronicling the events leading to the split between Apple and GT.
The parting will cost GT $439 million.
Apple and GT Advanced Technologies are splitting up.
GT Advanced Technologies has announced that it's set to lay off more than 700 employees at its plant in Mesa, Arizona.
Apple wants to officially challenge the recent bankruptcy filing of GT Advanced Technologies, but only sub rosa.
GT Advanced filed for bankruptcy last week.
The company called its Apple contracts “oppressive and burdensome.”
GT Advanced heads to bankruptcy court.
Apple was very surprised that its sapphire crystal partner filed for bankruptcy.
The bankruptcy of GT Advanced Technologies, Apple's sapphire crystal provider, is unlikely to affect the Apple Watch.
Apple reportedly withheld $139 million it was due to pay GT Advanced Technologies.
GT Advanced Technologies has filed for Chapter 11 bankruptcy protection.
It might be a long time before iPhones have a sapphire crystal display.
Apple is also considering raising the price of the next-generation handset.
If one analyst has it right, we should see sapphire-coated iPhones and a sapphire-coated iWatch launch this year.
The material is being made at a new plant in Mesa, Ariz.
Already, Apple is looking to expand its sapphire glass plant in Arizona.
Apple's sapphire plant in Mesa, Ariz. is nearing completion.
The "iPhone 6" will probably arrive in September or October.
Apple's sapphire glass manufacturing partner is hiring more staff in the Mesa, Ariz. region.
Apple has reportedly invested half a billion dollars in GT Advanced Technologies, which is developing sapphire glass technology.