In the aftermath of GT's surprising bankruptcy filing last week, the company is seeking permission from the bankruptcy court to close the factory in Mesa, Arizona. This was the facility that was owned by Apple, and was outfitted with machines to produce the sapphire glass that Apple was going to use for displays on the Apple iPhone 6 and Apple iPhone 6 Plus.Apple had agreed to prepay GT $578 million to help the company equip the factory with the necessary machinery. Earlier this week, it was disclosed that Apple had paid GT $440 million. While some questioned whether Apple had put GT in ...
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