“US-based crystal growth solution and equipment provider GT Advanced Technologies (GTAT) has announced that Apple will pre-pay US$578 million to secure sapphire supply,” Jessie Lin reports for DigiTimes Research.
“GTAT will be able to use the funds to set up additional sapphire production capacity which will produce enough sapphire to make 5-inch screen covers for 33.79-50.56 million iPhones a year, Digitimes Research estimated,” Lin reports.
Read more in the full article here.
MacDailyNews Take: Sapphire is for Touch ID, camera covers and, quite possibly, iWatch first, not likely for “5-inch screen covers” for iPhones, yet.
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