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AZ Tech Beat | April 5, 2020

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Search Results for: gtat

Apple to recover $439 million from GTAT in settlement

October 23, 2014 |

It’s settled, GT Advanced Technologies Inc has reached an agreement with Apple Inc.

According to a statement from GT, they would be released from all exclusivity obligations under its various agreements with Apple. While GT will retain ownership of all … Read More

GTAT reaches “consensual accord” with Apple

October 21, 2014 |

The details have been sparse, but today we finally found out GT Advanced Technologies’ (GTAT) fate. GTAT’s attorney stated earlier today that the split is an ‘amicable parting of ways,’ and that the accord will save millions of dollars and … Read More

GTAT cuts hundreds of jobs from Arizona employees

October 19, 2014 |

GTAT announced Thursday afternoon their plan to cut hundreds of jobs due to their Chapter 11 bankruptcy filing on October 6. Reports indicate that a total of 727 jobs will be cut in order to help keep the struggling company … Read More

GTAT’s fate hangs in the balance

October 16, 2014 |

The drama continues between GT Advanced Technologies and Apple as we’re all reminded that secrets really aren’t that fun. As we probe into GTAT’s court case, attempting to unveil the secrets within, reports reveal that Apple will slap you with a … Read More

Apple’s sapphire supplier GTAT wants to cut ties

October 10, 2014 |

New information has emerged surrounding GT Advanced Technologies recent chapter 11 filing. GTAT is seeking approval from a judge to wind down its production of sapphire glass, which could result in a loss of hundreds of Arizona jobs.

The bankruptcy filing … Read More

Apple’s sapphire star GTAT files for bankruptcy

October 6, 2014 |

GT Advanced Technologies Inc., announced today that it had commenced voluntary cases under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Hampshire. GT expects the court will authorize the company to … Read More

Apple is coming back to AZ to build a $2B data center

February 2, 2015 |

In 2014, Valley communities faced a crushing blow when GTAT announced bankruptcy resulting in the loss of 700 jobs as well as the hopes of building sapphire for Apple products. However, after the sapphire fail, Apple has been trying to preserve … Read More

CEO and President Barry Broome leaves GPEC, heads off to CA

December 18, 2014 |

The icon, the president and CEO of GPEC, Barry Broome is leaving AZ and taking off for the Greater Sacramento Area Economic Council as president and CEO.

Welp, the rumor is true.

Reported by Eric Jay Toll of Phoenix Business Journal, … Read More

Report reveals global sapphire market to reach $3.01B by 2020

July 25, 2014 |

Sapphire—Apple needs it, GT Technologies is going to make it. With the anticipation of the new iTime and iPhone 6, this precious glass is gaining more attention because of the integration with more consumer products.

According to a report, “Sapphire Technology … Read More

Sapphire of my eye, Apple expands manufacturing to Mesa with GT Advanced Technologies in $578M deal

November 4, 2013 |

Arizona Governor Jan Brewer and the Arizona Commerce Authority announced today that Apple Inc. will open a manufacturing facility in the former First Solar facility to produce the sapphire materials in partnership with GT Advanced Technologies Inc. for Apples’ electronics.

Read More