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Stock Market & Financial Investment News

News Breaks
March 11, 2014
08:10 EDTGTATGT Advanced to supply $336M of equipment, technology to Cosmos Chemicals Berhad
GT Advanced Technologies announced the signing of a $336M supply agreement with Cosmos Chemicals Berhad to provide equipment and technology for a 25,0000 metric ton annual, or MTA, polysilicon facility, a project sponsored by Saudi Arabia based Project Management & Development Company, that will be located in Sarawak, Malaysia. Under the terms of the agreement, which is subject to financing, GT will supply its complete suite of polysilicon production equipment and technology including engineering services, hydrochlorination, SDR CVD reactors, filament production, and polysilicon processing. Cosmos Chemicals Berhad is currently securing final financing for the project. Contingent upon completion of this step, GT expects the project to commence in phases beginning with the commissioning of engineering work followed by an equipment order.
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July 31, 2014
10:28 EDTGTATVerizon to launch sapphire display phone with Kyocera, SlashGear reports
Verizon (VZ) will launch Kyocera's newly unveiled Brigadier smartphone, which will feature a "near indestructible" Sapphire Shield display, reported SlashGear. Note that Apple's (AAPL) next iPhone 6 has been widely rumored to feature a sapphire display and that GT Advanced (GTAT) and Rubicon (RBCN) are sapphire suppliers. Reference Link
July 29, 2014
13:44 EDTGTATGT Advanced shares defended at Stifel
10:52 EDTGTATApple iPhone 6 with sapphire to be limited by production issues, LEDinside says
Analysis of Apple's (AAPL) iPhone 6 supply chain indicates component suppliers have to start shipping products to OEMs for assembly in June to meet the September launch date, but LEDinside said its research did not discover demands for smartphone cover glass. "The sapphire glass version iPhone 6 will be issued in limited volumes this year," the periodical contends. Note that GT Advanced is a parter to Apple and sapphire supplier to the tech giant. Reference Link
July 28, 2014
10:22 EDTGTATMIT Technology Review discusses new sapphire production at GT
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