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High Purity Alumina Demand Will Be Increase -Apple’s Sapphi

It is reported that GT Advance Technologies said on Monday that their factory,which cooperate with apple, is nearing completion to quantity production .This means the demand on high purity alumina will be increase and this will promote the whole high purity alumina market.
 
CEO of GT Aavance Tom Gutierrez said “they have great confidence on the potential of sapphire material business”.
 
Apple has a 578million agreement with GT Advance and has prepaid three payments this quarter will pay 103million and will pay the last 139million if the factory can completed the expected target.
 
Although the factory can quantity production this year but the until next apple product can use sapphire marterial.