GT Advanced blames Apple of Bait-and-switch Strategy while Apple says it bent over backwards


Apple has always been rather draconian in matters of contractual agreements. But that has not led the competitors from wooing it to do business with them. Take the case of GT Advanced Technologies....

Apple Signs $578 Million Deal with GT Advanced Technologies for Sapphire Production


Apple Balla reports that the contract between Apple and GT is for the production of sapphire-based materials at Apple's new facility in Arizona. Apple will prepay GT $578 million, and GT will repay...

Apple Pays $578M in Advance to GT Advanced Technologies for Sapphire Production


A production plant is being built in Arizona by Apple. It will be put to proper use by GT Advanced Technologies. Sapphire crystals will get made in order to be employed in a number of products. At...