Apple ’s kinship with GT Advanced Technologies , the company slate to make its sapphire silver screen , is over . First , GT Advanced filed forbankruptcy , thenclosed a pair of its flora , and nowa closure has formally free the companyof its exclusivity indebtedness to Cupertino .
As a part of the settlement , GT will give Apple back a $ 439 million pre - defrayal over the class of four long time by sell furnaces and other engineering as it exits the sky-blue production illegitimate enterprise . GT gets to keep all its intellectual property as part of the pile , and will continue a “ technological exchange ” with Apple , though the details of what that actually means are unclear .
What it go like is that Apple is in a piece of a tough spot for lazuline concealment going forward , specially believe the launching of the Apple Watch is presumably coming too soon next twelvemonth . It ’s potential that “ technical exchange ” will supply Apple with information that could be helpful in producing sapphire meth going forward , but only if it can regain another company to actually make the goddamn screen . And tight . [ GT AdvancedviaReuters ]
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