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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on October 06, 2014, 03:00:29 pm



Title: Apple sapphire crystal supplier GT Advanced files for bankruptcy
Post by: HCK on October 06, 2014, 03:00:29 pm
Apple sapphire crystal supplier GT Advanced files for bankruptcy

Apple sapphire supplier GT Advanced Tech has today released a statement announcing that it is filing for bankruptcy under Chapter 11. Filing for Chapter 11 means the company will be able to continue normal operations until it can resolve issues with creditors. As of September 28th, GTAT had $85 million in cash. What implications this has on […]<img alt="" border="0" src="http://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=345465&subd=9to5mac&ref=&feed=1" width="1" height="1" />

Source: Apple sapphire crystal supplier GT Advanced files for bankruptcy (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/-xWbbuT6b-w/)