Menu
Matt Damon is Jason Bourne Again

Matt Damon is Jason Bourne Again

Galaxy Note 4 Screen is the World's Best

Galaxy Note 4 Screen is the World's Best

Iggy Azalea Sex Tape Controversy Heats Up

Iggy Azalea Sex Tape Controversy Heats Up

Paris Hilton just bought the Cutest and Smallest Dog

Paris Hilton just bought the Cutest and Smallest Dog

Kim Kardashian Flames Media about Kanye West Attack

Kim Kardashian Flames Media about Kanye West Attack

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

Nov 9 2013, 11:08am CST | by , in Rumors | Apple

GT Advanced Technologies produces the sapphire material already used in the iPhone 5 and 5S, but Apple’s plans for the material seem to be much bigger

Apple Signs $578 Million Deal with GT Advanced Technologies for Sapphire Production
Photo Credit: 9to5mac
 
 

YouTube Videos Comments

Full Story

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 during the next five years.

The deal is huge for GT, which will go from $28.9 million in revenues to the expected $800 million, mainly based on the sapphire material new job. That will make Apple GT’s biggest client. The contract with Apple also means that GT will make big changes in its business model, which will apparently in the future evolve mostly around sapphire.

The question is: what is Apple planning to do with all that sapphire? The material is currently used for fingerprint-recognition buttons and as iPhone 5's rear lens protection. According to the rumors, Apple is planning to replace Gorilla Glass with sapphire for the touchscreens of its future devices. Sapphire might show up in the future iWatch, or in some Apple’s totally new gadget.

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/27" rel="author">Bijon Kumar Pramanik</a>
Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.

 

 

Comments

blog comments powered by Disqus

Latest stories

Eva Mendes and Ryan Gosling Welcome Baby Girl
Eva Mendes and Ryan Gosling Welcome Baby Girl
This went from rumored pregnancy to birth pretty quick. Eva Mendes and Ryan Gosling have a baby.
 
 
Leica strips display from digital camera
Leica strips display from digital camera
Leica is celebrating in style with a new entry in the series: the Leica M Edition 60, a seriously unique digital camera.
 
 
Kourtney Kardashian positively Glows while sporting a Baby Bump
Kourtney Kardashian positively Glows while sporting a Baby Bump
Kourtney Kardashian was spotted recently by paparazzi and she positively glowed while she also sported a baby bump beneath a white lace dress.
 
 
Miranda Lambert nominated for 9 CMA Awards this Year
Miranda Lambert nominated for 9 CMA Awards this Year
Miranda Lambert showed her soft side for a 7 year old fan with cancer. She kept wiping her tears off when she sang “Over You” for a 7 year old cancer patient in Texas on Saturday. And she was also nominated for 9 CMA awards this year.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.