Slashdot Mirror

← Back to Stories (view on slashdot.org)

Apple To Build New $2 Billion Data Center In Bankrupted GT Advanced Buildings

Posted by timothy on from the secret-plan-all-along dept.

mrspoonsi writes Apple announced it will spend about $2 billion to build a new data center in Mesa, Arizona. It will be housed in buildings formerly used by GT Advanced Technologies (GTAT), which went bankrupt last year after failing to supply sapphire display covers for the iPhone 6. The data center will be powered entirely by renewable energy. It will be a "command center for our global networks." Apple has said it would help find work for people affected by GTAT's bankruptcy. It's possible some of those former GTAT employees might help construct the new command center. When Apple initially partnered with GTAT to make sapphire displays, the company invested millions in a sapphire production facility. It makes sense that Apple would want to do something with the building if it couldn't make sapphire there.

7 of 98 comments (clear)

  1. Re:My own cynicism about Apple is getting out of h by Anonymous Coward · · Score: 5, Insightful

    That's not cynicism, this is cynicism.

    Promise contract to company.
    Make contract impossible to fulfil.
    Bankrupt company.
    Sweep up company assets on the cheap.
    ???
    Profit.

  2. Re:My own cynicism about Apple is getting out of h by king+neckbeard · · Score: 1, Insightful

    That's what came to my mind as well. Certainly seems fishy.

    --
    This is my signature. There are many like it, but this one is mine.
  3. Re:My own cynicism about Apple is getting out of h by HornWumpus · · Score: 3, Insightful

    Your forgot 'write-off your holdings of company debt for pennies on the dollar'.

    Bankruptcy was the planned outcome if the sapphire didn't workout. Leaving most of the debt in Apple's hands.

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  4. Re:My own cynicism about Apple is getting out of h by Anonymous Coward · · Score: 3, Insightful

    More like:

    receive contract offer from company.
    Accept contract you know you can't possibly fulfill.
    Fail to meet the terms of the contract.
    Go bankrupt.
    ???

  5. Re:My own cynicism about Apple is getting out of h by Noah+Haders · · Score: 3, Insightful

    slight ftfy:

    Promise contract to company.
    Make contract impossible to fulfil.
    Bankrupt company.
    Sweep up company assets on the cheap.
    Profit.

  6. Re:My own cynicism about Apple is getting out of h by ArcadeMan · · Score: 1, Insightful

    And because a lot of Slashdot readers blindly hate on Apple any chance they get, your informative comment will get moderated into oblivion.

    --
    Get free satoshi (Bitcoin) and Dogecoins
  7. Re:Apple planned this all from the start by Anonymous Coward · · Score: 3, Insightful

    Right, I mean, getting a data centre building for half a billion dollars losses is really cheap. Sounds like an ideal business plan!

    Alternatively (and involving more sanity), Apple started a deal in good faith with a company. It didn't work out. Apple went out of their way to figure out how the deal going south could do as little damage to the community as possible.