Dallas, Texas 01/28/2014 (FINANCIALSTRENDS) – GT Advanced Technologies Inc. (NASDAQ:GTAT) the company which supplies Apple devices screen display requirements is believed to ride out its sapphire display screen order into the future. The company has a diversified product strategy and is expected to survive well into the future. Its solar and photovoltaic capabilities are indeed promising and will ensure the company remains evergreen on its product portfolio.
Looks at multiple sectors
GT Advanced Technologies Inc. (NASDAQ:GTAT) has a stake in several sectors. Back in 2010 June, GT solar picked Crystal Systems for $80million. Of unique interest was the crystalline growth technology the company held dear. The company also offers sapphire substrate LED as well as aerospace industry components.
Later in 2011, GTAT now acquired Confluence Solar, priced at $80 million for its HiCz technology which now allows companies to provide high efficiency monocrystalline ingots for solar consumers. It’s third acquisition, Twin Creeks Technologies now allows the company to move into the ion implanter technology. The power of the technology is in lowering the cost of production of thin substrates.
The development technology which GT Advanced Technologies Inc. (NASDAQ:GTAT) now poses through the acquisition of this company has ensured that they are now able to supply sapphire laminates to such large-sized mobile and tablet companies as Apple Inc. The application of the sapphire laminate to be used as cover as well as touch screen now means that the technology has finally arrived for minimizing as well as eliminating the requirement of wafering saws. The immediate advantage that GT Advanced Technologies Inc. (NASDAQ:GTAT) has through the implanter technology now lowered the cost of development of such surfaces drastically.
GT Advanced Technologies Inc. (NASDAQ:GTAT) now offers Apple Inc the sapphire laminates for unlocking devices through finger-print recognition technology. The technology for use across large screens such as a tablet display screen is yet to be developed by makers of sapphire laminates.