Thursday, July 19, 2018
 
 
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GT Advanced to Sell Its Sapphire Furnaces

By Clip Syndicate
GT Advanced Technologies Inc said it is pursuing the sale of its sapphire furnaces and will pay former partner Apple Incorporated a portion of the cash it gets from the sale. The furnaces were installed to make sapphire glass for Apple, which loaned GT Advanced $439 million for the project.






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