Wednesday October 22, 2014

Sapphire Manufacturer And Apple Parting Ways "Amicably"

Kinda makes you wonder what these two companies call "amicably." Heck, I'm surprised Apple didn't just buy the company and make its own sapphire screens.

Today, synthetic sapphire manufacturer GT Advanced Technologies (GTAT) and Apple announced their agreement [PDF] to dissolve their partnership amicably after GTAT filed a surprising bankruptcy claim earlier this month. The proceedings threatened to expose information about Apple's dealings with GTAT, something Apple desperately wanted to hide, as evidenced by court filings from Apple asking that its objection to GTAT's Chapter 11 proceedings be submitted in secret.

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