• Kyodo

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Display panel maker Japan Display Inc. has reached a broad agreement to receive a capital injection of ¥60 billion ($538 million) to ¥80 billion from a Chinese-Taiwanese consortium, a source close to the matter said Wednesday.

The company, known as JDI, is a key supplier for Apple Inc. and is set to sign the deal with China’s Silk Road Fund and Taiwan’s TPK Holding Co. early next week.

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