2013-11-06

GT Advanced Technologies Signs Multi-Year Sapphire Materials Agreement with Apple

The company also announced that it has entered into a multi-year supply agreement with Apple Inc. to provide sapphire material. GT will own and operate ASF® furnaces and related equipment to produce the material at an Apple facility in Arizona where GT expects to employ over 700 people. Apple will provide GT with a prepayment of approximately $578 million. GT will reimburse Apple for the prepayment over five years, starting in 2015.
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2013-10-24

GTAT Optimistic About Drive in ASF Demands By Non-LED Applications

The imbalance in sapphire substrate supply and demand is being overcome by increased demands in LED lighting applications and strong demands for non-LED applications. GT Advanced Technologies (GTAT) is optimistic about the rapid growth in smartphone demands for sapphire substrates.  As a result, the company’s Advanced Sapphire Furnace (ASF) might grow and expand production capacity in the future.
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Samsung Electronics America is enhancing the fan experience at the Walmart Arkansas Music Pavilion (AMP) with an ecosystem of Outdoor LED video walls, TVs and Galaxy tablets. From the front row to the farthest corners of the outdoor venue, Sam... READ MORE

According to The Elec, Samsung has announced plans to launch a 115-inch RGB Micro LED TV later this year. The new model will be part of the company’s Neo QLED TV lineup but positioned as an ultra-high-end version. In contrast, current Ne... READ MORE