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Chris Smith
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GT Advanced Technologies’ unexpected Chapter 11 bankruptcy filing might spell trouble for Apple’s iPhone-related sapphire plans, KGI Securities' Ming-Chi Kuo said in a note to customers seen by AppleInsider. The analyst, who accurately predicted many details about unreleased Apple products in the past, says GTAT’s problems won’t affect Apple’s Apple Watch production plans, but that they may impact Apple’s future iPhone production plans.
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