Tag Archives: gtat

Apple readies scratch-proof screens for iPhone 6

Good news for people who are tired of their iPhone screens getting scratched by their car keys: Apple is preparing to use super-tough, scratch-resistant sapphire displays on the upcoming iPhone 6. Cowen analyst Timothy Arcuri says his supply-chain checks in Asia indicate that Apple (AAPL) will be using sapphire crystal displays for both sizes of its rumored larger-screen iPhone 6, but not all versions. He has seen evidence that versions of the 4.7-inch model will use a mix of Corning (GLW) Gorilla Glass, the incumbent supplier, and new sapphire displays from its supply deal with GT Advanced Technologies (GTAT). At least one, if not all, versions of the jumbo-sized, 5.5-inch iPhone 6 will use sapphire displays, he said. Pricing will be tiered for the iPhone 6 models, he said, but it’s unclear whether the sapphire displays will be the basis for premium pricing. Like other analysts, Arcuri is expecting…

Apple Sapphire Crystal Display Rumors Buoy GT Stock

GT Advanced Technologies (GTAT) stock was up 2.5% in early afternoon trading in the stock market today, after Canaccord Genuity reiterated its buy rating on the shares based on the firm’s possible opportunities as a supplier of sapphire displays for Apple’s (AAPL) iPhone 6 and other smart devices. Canaccord also says GT will benefit from a global rebound in demand for solar products following a four-year slump. GT makes advanced materials and