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There was a company that believed they had the tech to produce synthetic sapphire at the scale necessary for Apple to replace the Gorilla Glass on iPhones with
by GeekyBear 6y ago
There was a company that believed they had the tech to produce synthetic sapphire at the scale necessary for Apple to replace the Gorilla Glass on iPhones with synthetic sapphire.
In that deal, Apple loaned the manufacturer the money needed to buy the necessary production equipment, however the manufacturer was unable to get the process to work at scale.
>Apple announced a new factory in Arizona where its supplier, GT Advanced Technologies, would be loaned $578 million to produce huge synthetic sapphire crystals
https://www.theverge.com/2019/5/3/18528920/sec-charges-apple-iphone-sapphire-supplier-gt-advanced-fraud https://www.theverge.com/2019/5/3/18528920/sec-charges-apple...