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Posted April 22. 2014 1:50PM

Network World: How Apple's billion dollar sapphire bet will pay off

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The new Mesa, Ariz., plant, in a partnership with sapphire furnace maker GT Advanced Technologies (GTAT) of Merrimack, N.H., will make Apple one of the world’s largest sapphire producers when it reaches full capacity, probably in late 2014. By doing so, Apple is assured of a very large amount of sapphire and insulates itself from the ups and downs of sapphire material pricing in the global market.