03/18/2016, 01:03 pm
GT Advanced Technologies -- at one time tapped to supply sapphire for Apple products -- on Friday announced that it had finally emerged from bankruptcy, thanks to an $80 million investment from an unnamed collection of financiers.
11/30/2015, 03:11 pm
Financiers have positioned floundering ex-Apple partner GT Advanced Technologies to emerge from bankruptcy with $80 million in funding, a plan that could allow the beleaguered former sapphire supplier to reposition itself as an industrial equipment manufacturer.
11/03/2015, 07:11 pm
After a high-profile supply chain failure last year, Apple and would-be sapphire supplier GT Advanced Technologies have reached an agreement that will settle the bankrupt company's $439 million in outstanding debt.
08/31/2015, 03:08 pm
In order to reduce expenses when it emerges out of Chapter 11 status, former Apple sapphire supplier GT Advanced Technologies is looking to cut 40 percent of its remaining workforce, according to bankruptcy court documents filed on Monday.
08/19/2015, 11:08 am
Apple's scratch resistant sapphire supplier for the Apple Watch is reportedly Monocrystal, a Russian firm which has become the largest synthetic sapphire manufacturer in the world.
07/17/2015, 04:07 pm
Apple on Friday formally objected to a financing plan by its bankrupt former sapphire supplier, GT Advanced Technologies, on the basis of provisions tied to a May fire at its one-time plant in Mesa, Arizona.
06/29/2015, 01:06 pm
Although the sapphire used in most Apple Watch displays is more durable than the Ion-X glass in the Apple Watch Sport, it comes with penalties to image quality -- especially in ambient light, according to lab tests published on Monday.
04/27/2015, 03:04 pm
The best screen image quality can actually be found on Apple's entry-level Apple Watch Sport, as the costlier stainless steel and Edition versions feature sapphire covers that degrade image quality with higher reflectance, a display expert claims.
02/06/2015, 05:02 pm
Glassmaker Corning on Friday unveiled "Project Phire," a glass composite that the company says is just as strong and drop-resistant as its latest Gorilla Glass but nearly as scratch-resistant as sapphire.
02/03/2015, 07:02 pm
Mobile device manufacturers may finally have a reason to evaluate sapphire on an equal footing with traditional strengthened glass, as a new method of dealing with sapphire is said to have lowered its reflectivity significantly.
01/14/2015, 10:01 am
Apple's iPhone component choices are once again a trending topic of conversation following the announcement of a low-cost, sapphire-covered smartphone from a little-known Chinese electronics firm.
12/30/2014, 06:12 pm
After filing for Chapter 11 bankruptcy protection in October, former Apple sapphire supply partner GT Advanced is now seeking approval to mete out millions of dollars in executive bonuses as part of an employee retention program.
12/15/2014, 07:12 pm
A lawyer representing sapphire maker GT Advanced Technologies on Monday said the company has agreed to a new set of terms in its settlement with Apple, with the redrafted arrangement assuaging concerns from jilted creditors seeking to derail proceedings by threatening legal action against Apple.
11/26/2014, 10:11 am
Several Taiwanese sapphire manufacturers have seen their stock price increase sharply in recent days as Chinese media continues to push reports of the material making its way to a next-generation Apple handset.
11/25/2014, 05:11 pm
Secret documents being shared by Apple with creditors of former sapphire partner GT Advanced Technologies could become a matter of public record next month, as part of the ongoing bankruptcy proceedings.
11/21/2014, 09:11 am
In the wake of the collapse of sapphire maker GT Advanced Technologies, longtime members of Apple's supply chain have characterized the iPhone maker as a tough but fair partner who offers component makers a chance at success, provided they take proper precautions.
11/20/2014, 10:11 am
Apple supplier Corning on Thursday took the wraps off of its next-generation Gorilla Glass 4, which the company says is up to two times harder than competing glasses used in existing smartphones, tablets and other mobile devices.
11/19/2014, 07:11 pm
Following bankruptcy court filings that seek to postpone Apple's settlement agreement with GT Advanced, a report on Wednesday reveals inside details on why the ambitious sapphire production project went south.
11/19/2014, 06:11 pm
Creditors backing GT Advanced Technologies have successfully pushed back an approval date for the company's settlement with Apple, saying an investigation will determine whether the sapphire maker was given short shrift in the agreement.
11/18/2014, 09:11 pm
Adding background to Apple's vow to keep as many jobs as possible at its Mesa, Ariz., sapphire plant leased to GT Advanced, a new report says the facility will be repurposed, suggesting some current employees may be able to continue work at the location.