Can’t get no sap­phire ac­tion

Mac Format - - APPLEWORLD -

Ap­ple’s deal with GT Ad­vanced (GT) to sup­ply sap­phire for iPhone dis­plays has fallen apart; with GT fil­ing for bank­ruptcy last month. The two firms have agreed that GT will sell the 2,000 sap­phire man­u­fac­tur­ing fur­naces in­stalled in its Ap­ple-fi­nanced Ari­zona plant, with Cu­per­tino tak­ing a cut. GT had agreed to pro­vide sap­phire in “quan­ti­ties, size and qual­ity never be­fore achieved,” said GT’s lawyer, but was un­able to meet quan­tity at the agreed price. Ap­ple has been lob­by­ing the courts to keep other de­tails of the deal se­cret, cit­ing business con­fi­dence.

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