Financial problems plagued the company.
Bankrupt almost a year ago GT Advanced, and not become a supplier of sapphire glass for Apple Watch, as part
of restructuring and cost reduction continues to dismiss staff. Immediately after the announcement of the bankruptcy of the jobs already lost 700 people. Now plans to GT Advanced shorten the working staff of more 40%. Extreme measures will reduce spending by $ 20 million this year.
The smartphone iPhone 6s and iPhone 6s Plus, a presentation which will be held on September 9, the sapphire crystal is still not being used. Termination cooperation GT Advanced Technologies and Apple could affect the plans for the use of sapphire display iPhone, though the bankrupt company in addition there are other suppliers who are able to cope with the order. At least make the necessary party can "Monocrystal" producing sapphire Screen Apple Watch.
http://www.iphones.ru/iNotes/476033
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