BBJ Report: Partner of Apple Declares Bankruptcy | NECN

BBJ Report: Partner of Apple Declares Bankruptcy

The company had struck a deal with Apple to supply 2000 furnaces to grow special special sapphire glass

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    NEWSLETTERS

    (Published Friday, Oct. 31, 2014)

    A New England based company that recently did business with Apple, GT Advanced, has declared bankruptcy.

    Boston Business Journal technology editor David Harris joined NECN to discuss the fall of GT Advanced.

    The company had struck a deal with Apple to supply 2000 furnaces to grow special special sapphire glass to be used in iPhones.

    Harris explains why the deal fell apart, how many employees lost their jobs and if apple is going to pay GT Advanced.

    A detailed article on the matter can be read on the BBJ's website.
     

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