Apple slaps suppliers with a $50 million fine for leaking secrets

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Photo: Michelangelo Carrieri/Flickr
Photo: Michelangelo Carrieri/Flickr

Apple’s bankrupt sapphire supplier GT Advanced Technologies might have stayed quiet about its reasons for the bankruptcy, but a few details are nonetheless starting to emerge.

Two of the most intriguing tidbits concerning the case regard the cost of sapphire production for GT Advanced Technologies, and the financial penalties Apple imposes on any supplier who leaks information about future products.

WSJ: Apple Partners With New Suppliers For iPhone 5c & iPad Mini

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Apple is expected to introduce another 4-inch iPhone, but it probably won't be cheap.
Apple is expected to introduce another 4-inch iPhone, but it probably won't be cheap.

Apple is reportedly teaming up with new suppliers to boost production of the iPhone 5c and the iPad mini to meet strong consumer demand, The Wall Street Journal reports.

Wistron Corp., a manufacturer based in Taiwan that already produces smartphones for BlackBerry and Nokia, will be tasked with assembling the iPhone 5c; while Compal Communications, which currently works with Acer, Dell, Lenovo, and others, will manufacturer the iPad mini.