Apple Seeks Workers For Special Liquidmetal (LQMT) Project
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Price: $333.74 +0.14%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
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Now Hiring: Apple Inc. (NASDAQ: AAPL) seeks workers with expertise in working with amorphous metals, as it looks to create new hardware constructed with the recently licensed material known as Liquidmetal.
According to a report from AppleInsider on Tuesday, there are three openings listed on Cupertino, California-based company’s website for jobs working with the material. Apple is looking for an amorphous metal development manager and two metal process development engineers.
The durable material made by tiny Liquidmetal Technologies Inc., (OTC: LQMT) was exclusively licensed by Apple for the field of electronics in August at a cost of at least $10.9 million.
"As the demand for product 'miniaturization' continues in the electronic casings industry, Liquidmetal alloys enable smaller, thinner and more durable designs," the company's website reads. "Current casings technology is pushed to the limit in supporting these new designs and specifications."
Apple could potentially be planning to use the material in the designs of its iPhones, iPods and iPads.
Shares of Apple are up $4.62 or 1.71 percent to $274.80 in late market movement Tuesday.
Shares of Liquidmetal, which surged in August upon disclosure of the Apple license deal, are down slightly today to $0.72. The stock traded at $0.29 before the original Apple news and reached a high of $1.76 after.
According to a report from AppleInsider on Tuesday, there are three openings listed on Cupertino, California-based company’s website for jobs working with the material. Apple is looking for an amorphous metal development manager and two metal process development engineers.
The durable material made by tiny Liquidmetal Technologies Inc., (OTC: LQMT) was exclusively licensed by Apple for the field of electronics in August at a cost of at least $10.9 million.
"As the demand for product 'miniaturization' continues in the electronic casings industry, Liquidmetal alloys enable smaller, thinner and more durable designs," the company's website reads. "Current casings technology is pushed to the limit in supporting these new designs and specifications."
Apple could potentially be planning to use the material in the designs of its iPhones, iPods and iPads.
Shares of Apple are up $4.62 or 1.71 percent to $274.80 in late market movement Tuesday.
Shares of Liquidmetal, which surged in August upon disclosure of the Apple license deal, are down slightly today to $0.72. The stock traded at $0.29 before the original Apple news and reached a high of $1.76 after.
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