OTR: GT Advanced, IDT likely have iWatch design wins

• OTR Global reports GT Advanced (GTAT +0.4%) will most likely provide sapphire cover glass for the iWatch, and that IDT (IDTI +0.9%) will most likely provide wireless charging ICs.
• GT's win is believed to be worth $4.50/watch. There have been varying reports (previous) on whether the company is supplying sapphire glass for the iWatch to go with its (widely reported) supply work for the iPhone 6.
• GT posts its Q2 report this afternoon. Last week, IDT cited growing wireless charging IC sales as one of several factors behind its FQ1 beat; the chipmaker formed a wireless charging alliance with Intel in 2012.