Breaking News

Zenmuse L3 Launches as DJI's First Long-Range, High-Accuracy Aerial LiDAR System Toshiba launches S300 AI surveillance HDD for AI-driven video applications addlink Launches P50 USB SSD ASUS Republic of Gamers Announces ROG GR70 Gaming Mini PC ASUS ROG Unveils Rapture GT-BE19000AI, the World’s First AI Gaming Router

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Japan Display Could Sell Display Factory to Apple, Sharp

Japan Display Could Sell Display Factory to Apple, Sharp

Enterprise & IT Dec 28,2019 0

Japan Display Inc has been reportedly in discussions with Apple Inc and Sharp Corp for a sale of its main smartphone screen factory.

The cash-strapped company had said this month that financial support of $200 million promised by "a customer", which sources said was Apple, may come in the form of purchasing equipment at the plant.

Those discussions appear to have switched to the sale of the entire factory, the Nikkei said. Japan Display owes Apple more than $800 million for the $1.5 billion cost of building the plant four years ago.

Sharp confirmed in a statement it had received a request from a client to consider the purchase of Japan Display's Hakusan plant. "We are carefully considering it, reviewing the impact that any purchase would have on our earnings, and whether and how much risk it would entail."

Japan Display said earlier this month that it plans to receive up to 90 billion yen in financial support from Ichigo Asset Management, giving effective control to the Japanese asset manager.

Tags: Japan Display
Previous Post
U.S. Department of Transportation Proposes Rule on Remote ID for Drones
Next Post
Spotify to Ban Political Advertising

Related Posts

  • Japan Display Finalises Deal to Raise $200 Million, Possibly From Apple

  • JDI Starts Mass Production of 1058 ppi High-Definition VR LCD

  • Japan Display Gets $920m Bailout from Ichigo

  • Japan Display Agrees for $736 Million Bailout

  • Japan Display to Showcase 12.3-inch Transparent LCD Display at FINTECH JAPAN 2019

  • Japan Display Employee Stole 578 Million Yen

  • Japan Display Reports Quarterly Net Loss

  • Apple to Help Japan Display With Early Payment

Latest News

Zenmuse L3 Launches as DJI's First Long-Range, High-Accuracy Aerial LiDAR System
Drones

Zenmuse L3 Launches as DJI's First Long-Range, High-Accuracy Aerial LiDAR System

Toshiba launches S300 AI surveillance HDD for AI-driven video applications
Enterprise & IT

Toshiba launches S300 AI surveillance HDD for AI-driven video applications

addlink Launches P50 USB SSD
PC components

addlink Launches P50 USB SSD

ASUS Republic of Gamers Announces ROG GR70 Gaming Mini PC
Gaming

ASUS Republic of Gamers Announces ROG GR70 Gaming Mini PC

ASUS ROG Unveils Rapture GT-BE19000AI, the World’s First AI Gaming Router
Enterprise & IT

ASUS ROG Unveils Rapture GT-BE19000AI, the World’s First AI Gaming Router

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed