GT Adv Companyanced Technologies, which originally had a pre Apple make sapphire glasses for iPhone 6, announced today that with Apple entered into a new settlement agreement for the debt incurred when Apple bought this company furnaces for the production of high-strength slides. At the same time, both parties abandoned the agreement that the entire debt of 439 million dollars must be repaid by October 8.10.2014, XNUMX.
After the new, the two companies agreed on a kind of payment schedule, which says that GT Advanced Technologies will Applu repay the debt monthly, so that up to the first 500 units produced, the monthly payment will be $200, from 000 to 501 units produced, there will be a payment of $1, and above 000 units of high-strength lenses produced, there will be a payment of $250. These installments will continue until the company's debt is fully repaid Apple. The American Securities and Exchange Commission also approved their new agreement. However, how long will GT Advanced Technologies debt repayment, we cannot say yet.
At such a pace to death! :D:D