In recent weeks, Japan Display Inc. (JDI), which absorbed LCD production of Sony, Hitachi, and Toshiba in 2011, has been losing money, has most of its business with Apple. Sales have been dropping of late, to the point of putting the company in jeopardy. Late last week JDI inked a deal to get up to ¥100.8 billion JPY (USD$918.87 million) from Ichigo Asset Management, a Japanese investment company. To that end, the company terminated its memorandum of understanding with Suva Investment Holdings, a group of investors from China and Taiwan, it signed last year to get $715 million. Under the terms of the deal, Ichigo will invest in Japan Display in and will eventually gain control of the company. The Innovation Network Corporation of Japan...
Japan Display Inc. (JDI) announced this week that it has completed development of its first Micro LED module. The prototype of the Micro LED module, which is a potential...29 by Anton Shilov on 12/2/2019
A group of investors from China and Taiwan and the Innovation Network Corporation of Japan have signed a memorandum of understanding under which they will invest in Japan Display...6 by Anton Shilov on 4/15/2019