...Unless Apple is already lining up another company.
I'm dying to see who is waiting in that line...
...Unless Apple is already lining up another company.
If GT couldn't make it work well enough, why would Apple be able to?
"SOME of the proceeds"? So Apple will lose money on this? Sounds like they got the short end of the stick.
It's interesting that Apple appears to be abandoning sapphire for now. Corning must be pleased. Maybe Samsung will buy the furnaces.![]()
Bring the jobs back to America they say.![]()
It's not the average employees that make it the problem, it's the management.
You always hear "Americans don't want to do thy type of work", which is bs.
Greed.
After seeing the A8X benchmarks, it will be super speed 6SS
I'm dying to see who is waiting in that line...
I wonder if Apple will buy the furnaces and hire the employees from the Arizona plant? Seems like a no-brainer if they're all-in on sapphire.
is this good news or bad news for GTAT? I can't tell...
I wonder if Apple will buy the furnaces and hire the employees from the Arizona plant? Seems like a no-brainer if they're all-in on sapphire.
Will these furnaces be showing up in the refurb store?
1/ apple will not lose any money. the prices that can be obtained by GT on used sapphire kilns and sapphire boules will cover the amount owed to apple
2/ fact: GT CEO and COO both were able to sell off millions of dollars in shares of GT stock while knowing it was all coming down
3/ all employees will lose their jobs. operation will shut down. there will be words from both GT managers and even from apple about how they want to avoid hardships for the employees but these will be just words
4/ apple has already re-sourced their Watch supply of sapphire to other vendors
5/ going forward, sapphire is dead in the water as a replacement for gorilla glass for smartfones
my opinion: court in Arizona should NOT accept this "amicable agreement between apple and GT". it should be rejected and the employees be given an opportunity to reach an arrangement with an outside holding company to give the operation a chance to continue under new control with the current employees.
It's interesting that Apple appears to be abandoning sapphire for now. Corning must be pleased. Maybe Samsung will buy the furnaces.![]()
How much does a furnace cost!?