Tag: Joseph Foster
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Apple’s would-be sapphire glass supplier GT Advanced charged with fraud
The Securities and Exchange Commission on May 3, 2019 charged a New Hampshire-based company…
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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…
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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…
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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…
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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…
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GT Advanced cuts 40% of workforce
GT Advanced Technologies Inc., which is trying to emerge from bankruptcy…
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Apple objects to bankrupt sapphire supplier’s financing plan
Apple is objecting to bankrupt GT Advanced Technologies’ financing plan…
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GT Advanced to pursue $95 million bankruptcy loan
GT Advanced Technologies Inc. is lining up $95 million worth of loans…
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GT Advanced wants bankruptcy judge to approve millions in executive bonuses
GT Advanced Technologies Inc., the manufacturing company…
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GT Advanced to sell its sapphire furnaces
All previous exclusivity restrictions have been lifted and GT retains control…
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GT Advanced gets court approval of revised Apple settlement
U.S. Bankruptcy Judge Henry Boroff said at a hearing in Springfield, Massachusetts…
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GT Advanced bond traders drawn to prospect of Apple lawsuits
This is going to be a field day for the lawyers and accountants…
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Apple shields information in GT Advanced creditor probe
Creditors of failed smartphone screen material supplier GT Advanced…
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Apple, GT Advanced and the ‘boule graveyard’
Mesa suffered from a 50% failure rate…
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Lack of experience, mismanagement doomed GT Advanced’s sapphire adventure
The Apple-GT marriage was troubled from the start….
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GT Advanced Tech creditors chafe at settlement deal with Apple
Creditors of GT Advanced Technologies complained in a bankruptcy court filing…
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Apple will save jobs in Arizona by repurposing sapphire factory
Apple has already found new sapphire suppliers in Asia…
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Apple sticking with Arizona plan after sapphire supplier GT Advanced falters
Apple Inc. has told officials in Mesa, Arizona, that it’s committed…
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Did Apple bully GT Advanced Technologies?
What were the Apple execs thinking?
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GT Advanced COO claims Apple used ‘bait and switch’ tactic
Apple Inc. used ‘bait-and-switch’ tactics in negotiating a contract…
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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…
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Apple suppliers shunned as GT Advanced bankruptcy sparks selloff
Investor confidence in Apple Inc.’s suppliers and vendors is wavering…
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U.S. SEC opens investigation into Apple supplier GT Advanced
The SEC is seeking information about trading activity and the company’s sapphire glass…
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GT Advanced says Apple settlement will survive unsealing
GT Advanced Technologies Inc. said a bankruptcy court settlement with Apple…
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Judge orders GT Advanced bankruptcy papers unsealed
GT Advanced Technologies Inc. lost a bid to keep an executive’s description…
