GTAT Receives $ 80M Finance in Bankruptcy Exit

GT Advanced Technology’s exit bankruptcy details were filed in court this week, according to an Apple Insider report based on summary made by The Wall Street Journal earlier this week.
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Major Taiwanese Sapphire Manufacturer Tera Xtal Technology Slashes Jobs

The LED market has shown mixed results in different global regions recently. Stagnant LED shipment growth, and plunging sapphire substrate prices have brought related manufacturers operations under the market lime light.
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Taiwan Sapphire Maker Shares Surge Upon Apple Watch Demands

Following the launch of the sapphire covered Apple Watch, Tawanese sapphire makers share value have soared over the last week. As the LED industry enters a peak season, sapphire industry shares value have reached new record high, reported Apple Daily.
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China’s Sapphire Industry Picks Up as Apple Watch Hits the Market, LEDinside Reports

At the long-awaited “Spring Forward” media event hosted by Apple on March 9, all eyes will be on the reveal of the Apple Watch, which will have a watch cover made of sapphire glass. By incorporating this material into its newest products, Apple has provided an unprecedented, game-changing opportunity for China’s sapphire industry. LEDinside, a division of TrendForce, anticipates sapphire market demand will multiply once these smart watches hit the market. LEDinside’s Senior Analyst Figo Wang further stated the sapphire manufacturing will likely become a globally competitive section of China’s materials industry. 
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Rubicon Technology Achieves Sapphire Production Breakthrough with Largest Sapphire Windows Ever Produced

Rubicon Technology, a leading provider of sapphire substrates and products to the LED, semiconductor, consumer electronics and optical industries, today announced that it has successfully produced the first-ever synthetic sapphire crystal of its size and thickness, meeting a key milestone in its Large-Area Net-Shape Crystal Extraction (LANCE) project. At 36 x 18 x 2 inches of sapphire, this product will serve the demanding needs of defense applications, along with future commercial and industrial applications.
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Sapphire Maker Roshow Technology Net Profit Plunges in 2014

Chinese sapphire manufacturer Roshow Technology reported plummeting net profits in 2014, according to a company announcement on Jan. 29, 2015.
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Apple Watch Turns to Third Party Sapphire Suppliers after Parting Ways with GTAT

After parting ways with former sapphire supplier GT Advanced Technology (GTAT), Apple will turn to third party sapphire suppliers to supply sapphire watch covers for the upcoming smartwatch, analyzed Seeking Alpha.
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Apple’s Confidentiality Veil to be lifted in GTAT Bankruptcy Case

The seal on confidential documents signed between Apple and sapphire supplier GT Advanced Technology (GTAT) is expected to be gradually lifted in its bankruptcy case, according to a Bloomberg report.
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GTAT CEO Sells out Huge Chunk of Shares Before iPhone 6 Debut

The CEO of Apple sapphire supplier GT Advanced Technology, which recently filed for bankruptcy protection, might have known financial doom was looming, according to a latest report from Wall Street Journal.
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[Breaking News] GT Advanced Technologies Files Bankruptcy

GT Advanced Technologies (GTAT), announced that it had, together with certain of its direct and indirect subsidiaries (collectively, GT), commenced voluntary cases under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Hampshire. GT expects the court will authorize the company to continue to conduct business as usual while it devotes renewed efforts to resolve its current issues and develops a reorganization plan.
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EGing PV to Invest in 4-inch Sapphire Ingot

Chinese PV manufacturer EGing Photovoltaic Technology (EGing PV) recently announced subsidiary Changzhou EGing PV’s sapphire ingot growth technology has matured.
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Taiwanese Sapphire Manufacturers Rigidtech and Aceplux Revenue Grow Exponentially in May 2014

Taiwanese sapphire manufacturers Rigidtech Microelectronics (Rigidtech) and Aceplux Optotech have seen revenue more than double during May and June 2014, according to a CNYes.com report. The two companies benefited from soaring LED lighting demands that have led to rising Patterned Sapphire Substrate (PSS) revenue.
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Lumileds introduced the LUXEON CZ Color Line, a product line optimized to deliver maximum punch. “The LUXEON CZ features up to 48% higher punch than any other undomed color LED,” said Jennifer Holland, Product Line Direct... READ MORE

LG Innotek today announced that it has supplied UV LED module for water purifiers to the famous Japanese purifier manufacturer for the past year and achieved the perfect quality of zero defect rate.