Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday October 18, 2014

Apple Supplier Shutting Down, 727 Employees Laid Off

Apple giveth and Apple taketh away. Citing the inability to meet Apple’s quota of Sapphire crystal smartphone displays, Apple has withheld a $139 Million dollar payment to GT Advanced Technologies which sent to company into bankruptcy and causing the layoff of over 700 employees, according to AzCentral.

GTAT first filed for bankruptcy after it was revealed that the company had not been able to meet Apple’s demand for sapphire crystal smartphone displays to be used in the recently-released iPhone 6 and 6 Plus.