I don't think Mr. Gupta knows the meaning of "fatal flow." And even he seems to admit GT has promising technology.
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When asked if his company was trying to land Apple as a customer, Gupta wouldn’t comment, but he did insist that his firm would remain in the equipment business, not try to manufacture material itself.
“That was its [GTAT’s] fatal flaw,” he said.
GTAT still has other irons in the fire – some promising technologies that could lower the cost of the materials for both mobile devices and solar cells.
“But nobody eats out of the future,” said Gupta. “You need food on your table all of the time.”