I got interested, dug around, and apparently you're bang on. As you said, the ions are focused by an electromagnet onto the spinning wafers cooled by water.
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Readers: the beam doesn't slice the material. It implants the hydrogen protons to a certain depth, and when those are heated up later, that splits off a clean slice.
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The technology was known, just not applied in something so "small". (The photo doesn't show the accelerator part very well. The machine is still like 25 feet long and 12 feet high or more.)
This particular machine was built specifically to make ultra-thin solar cell wafers from materials like sapphire, without the waste of material caused by mechanical sawing, and to a very thin layer. That's what attracted GT Advanced to buy them to slice up their sapphire boules.
From their documents, each machine can make up to 1.5 million slices a year. No wonder Apple wanted to fund a bigger factory with more machines.
Of side note: the machine invention was financed in part by Mississippi taxpayers to the tune of $27 million. When the patents were sold for $10 million to Advanced GT, Mississippi tried to get some of that, but failed. So they're suing them.