Apple supplier GT Advanced shocks with bankruptcy filing

From the article:

The deal with Apple placed restrictions on GT selling the sapphire screens for use in certain applications, according to the company's regulatory filings.

GT gave Apple an exclusive license for certain applications of its sapphire glass technology, but the iPad maker had no obligation to buy the glass, according to the filings.

I could see how contracts like those could really hurt the cash of the business and filing for Chapter 11 would be a good way of getting out of those executory contracts.

The end result of all of this might be sapphire screens on other non-Apple devices?

I wonder if this puts them in a position to be purchased... for cheap. Like by a company that has an exclusive deal with them. :)