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GT Advanced’s decision to file for Chapter 11 bankruptcy will not affect supplies of upcoming Apple Watch, says KGI Securities’ Ming-Chi Kuo. In a note to investors this morning, the well-connected analyst says that because the device’s screen is so small, Apple can turn to other suppliers for sapphire if need be.
Kuo notes that aside from GTAT, Apple is already working with a handful of other sapphire ingot (or cast) suppliers including Hansol and Harbin Aurora Optoelectronics. Because Watch drop-test requirements aren’t as stringent as they are for smartphones, general sapphire manufacturing processes are adequate.... Read the rest of this post here
"GT Advanced bankruptcy unlikely to affect Apple Watch production" is an article by iDownloadBlog.com.
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