The Securities and Exchange Commission on May 3, 2019 charged a New Hampshire-based company…
Tag: Joseph Foster
Apple sued by glass material producer over breach of contract in ongoing sapphire debacle
Years after a disastrous first foray into sapphire production, Apple’s troubles…
Tim Bajarin: Corning’s Gorilla Glass 5 may mark the end for sapphire screens
While sapphire is a very hard material and very scratch proof, there is one major problem…
Apple’s failed sapphire partner GT Advanced Technologies emerges from bankruptcy
GT Advanced Technologies Inc. today announced that it has emerged from Chapter 11 as a newly reorganized company…
Apple and GT Advanced reach new accord on $439 million loan
GT Advanced Technologies Inc. has reached an accord with Apple that will get it out from under $439 million in debt…
GT Advanced cuts 40% of workforce
GT Advanced Technologies Inc., which is trying to emerge from bankruptcy…
Apple objects to bankrupt sapphire supplier’s financing plan
Apple is objecting to bankrupt GT Advanced Technologies’ financing plan…
GT Advanced to pursue $95 million bankruptcy loan
GT Advanced Technologies Inc. is lining up $95 million worth of loans…
GT Advanced wants bankruptcy judge to approve millions in executive bonuses
GT Advanced Technologies Inc., the manufacturing company…
GT Advanced to sell its sapphire furnaces
All previous exclusivity restrictions have been lifted and GT retains control…
GT Advanced gets court approval of revised Apple settlement
U.S. Bankruptcy Judge Henry Boroff said at a hearing in Springfield, Massachusetts…
GT Advanced bond traders drawn to prospect of Apple lawsuits
This is going to be a field day for the lawyers and accountants…
Apple shields information in GT Advanced creditor probe
Creditors of failed smartphone screen material supplier GT Advanced…
Apple, GT Advanced and the ‘boule graveyard’
Mesa suffered from a 50% failure rate…
Lack of experience, mismanagement doomed GT Advanced’s sapphire adventure
The Apple-GT marriage was troubled from the start….
GT Advanced Tech creditors chafe at settlement deal with Apple
Creditors of GT Advanced Technologies complained in a bankruptcy court filing…
Apple will save jobs in Arizona by repurposing sapphire factory
Apple has already found new sapphire suppliers in Asia…
Apple sticking with Arizona plan after sapphire supplier GT Advanced falters
Apple Inc. has told officials in Mesa, Arizona, that it’s committed…
Did Apple bully GT Advanced Technologies?
What were the Apple execs thinking?
GT Advanced COO claims Apple used ‘bait and switch’ tactic
Apple Inc. used ‘bait-and-switch’ tactics in negotiating a contract…
Court unseals GT Advanced documents: Apple says it ‘bent over backwards’ to help sapphire supplier
New Hampshire court on Friday published hundreds of pages of documents…
Apple suppliers shunned as GT Advanced bankruptcy sparks selloff
Investor confidence in Apple Inc.’s suppliers and vendors is wavering…
U.S. SEC opens investigation into Apple supplier GT Advanced
The SEC is seeking information about trading activity and the company’s sapphire glass…
GT Advanced says Apple settlement will survive unsealing
GT Advanced Technologies Inc. said a bankruptcy court settlement with Apple…
Judge orders GT Advanced bankruptcy papers unsealed
GT Advanced Technologies Inc. lost a bid to keep an executive’s description…
Apple and GT Advanced: What went wrong
A story that Apple tried for three weeks to suppress is now part of the public record…
Beleaguered GT Advanced describes ‘unsustainable’ Apple relationship
A few weeks before the bankruptcy filing, he said, executives made a detailed presentation to Apple senior management…
Beleaguered GT Advanced says it can’t afford to fight mighty Apple, must settle
GT Advanced Technologies Inc. said it needs to settle disputes with Apple Inc. because…
Apple ponders future sapphire options, leaves door open for GT Advanced
The move follows the reappointment of Rob Glaser to the position of permanent CEO…
Apple promises to help former GT Advanced employees find new jobs
So much for Apple’s multiyear sapphire manufacturing alliance with GT Advanced…
GT Advanced announces settlement with Apple; to exit sapphire production
GT Advanced Technologies Inc. and Apple have reached a settlement agreement…
Apple and GT Advanced settlement: Ending the madness
The best clue to the failure is that only about half of the 2,000 furnaces were operational…
GT Advanced, Apple ink deal for ‘amicable’ split-up
GT Advanced Technologies has signed a pact with Apple Inc…
Apple, GT Advanced near settlement over secrecy
Apple and newly bankrupt GT Advanced Technologies are nearing an agreement…
GT Advanced Technologies Inc. suspended by Nasdaq
GT Advanced Technologies Inc. stock is going over to the pink sheets after shares plummeted…
GT Advanced confidentiality hearing with Apple delayed
Apple Inc. supplier GT Advanced Technologies Inc. has delayed a challenge…