Apple announced plans to acquire the former First Solar facility in the Phoenix suburb of Mesa, Ariz., earlier in November. Apple will pay for the factorys build out, while partner GT Advanced Technologies will operate it as a sapphire production plant — with significant portions of its yield dedicated exclusively to Apple — and reimburse the $578 million capital expenditure cost over five years. appleinsider/articles/13/11/19/apples-arizona-sapphire-plant-clears-another-regulatory-hurdle
Posted on: Wed, 20 Nov 2013 02:54:51 +0000