Display: Japan Display

display: And the U.S. smartphone juggernaut said it would front most of the 1.5 billion in costs, with Japan Display paying it back with a percentage of screen sales, according to two company sources. ; Four years later, Apple's shifting fortunes have brought Japan Display to its knees and threaten to end Japan's long run as a leader in display technology, according to The Japan Times. A slowdown in iPhone sales, combined with a proliferation of new iPhone models many of which use newer organic light-emitting displays OLED have left Japan Display's new factory running at half capacity. The plant would strengthen the company's position as the primary screen supplier for Apple Inc. as sales of the iPhone 6 soared. But it still owes Apple a majority of the construction cost, one of the company sources said. Desperate for capital, Japan Display is looking to an investor group, led by China Silkroad Investment Capital, for a bailout, two sources with direct knowledge of the matter said. He declined to give the exact amount. (news.financializer.com). As reported in the news.

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