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$50 million fine for companies who leak Apple secrets

$50 million fine for companies who leak Apple secrets

Suppliers who work with Apple and reveal information about the company’s forthcoming products face a whopping $50 million fine, it has emerged.

The revelation has emerged after GT Advanced Technologies, which was supposed to make sapphire screens for the new iPhone 6, filed for bankruptcy in the US.

Apple’s stringent non–disclosure agreement is now set to be the centre of a legal tussle. GT says it doesn’t want to pay the fine and claims the agreement is ‘oppressive’.

GT almost went to the wall after it was revealed it was working on the new iPhone screens, only for Apple to opt to use different tech, apparently because of low yield rates on the sapphire versions.

It already owes Apple $600 million in advance payments.

If the court agrees with GT, Apple-watchers are likely to be in for a feast of rumours, with GT likely to be given free reign to legally reveal what other products it was working on before its near collapse.

That could mean new gossip on future iPhone and iPad models coming far sooner than usual. The new iPhone rumour mill doesn’t tend to hot up until spring, but we could be in for a bumper crop as the new year looms.

Source:

Engadget

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