Apple reportedly withheld $139 million payment from GT Advanced prior to bankruptcy filing

iDownload Blog
By Cody LeeOct 7, 2014, 8:46 pm4.9k ptsInsanely GreatTop
Apple withheld its final payment of $139 million it was due to make to GT Advanced, reports The Wall Street Journal, ahead of its decision to file for Chapter 11 bankruptcy. It’s not known why the company withheld the money, but it’s been speculated that GT was not able to meet the sapphire yield requirements…

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