While Japan's flagship panel maker completed its biggest two-day rally this year on Thursday, bearish bets have climbed toward a record. Japan Display Inc. soared almost 12 percent this week, boosted by reports of strong quarterly sales of iPhones, which use the company's liquid-crystal displays. ...
Japan Display Inc. on Wednesday reported a group net loss in the April to June quarter for the fourth straight year, announcing fresh restructuring measures including slashing some 3,700 jobs, mainly overseas. The liquid crystal display panel maker reported a net loss of ¥31.46 billion ...
Japan Display Inc. may issue preferred shares to raise as much as ¥100 billion from a government-backed fund, people familiar with the matter said, a deal that amounts to a bailout of the struggling display maker. The Tokyo-based supplier of screens to Apple Inc. has ...
A state-backed fund is considering lending more than ¥70 billion ($630 million) to struggling Japan Display Inc. to help it boost production of interior display screens for vehicles, sources close to the matter said. The loan from Innovation Network Corporation of Japan would be given ...
Apple Inc. has big plans to outfit its next iPhone with vibrant, energy-sipping organic LED displays, seeking to entice consumers with new technology that's already been embraced by other high-end smartphone makers. The trouble is that the four main suppliers for such components won't have ...
Japan Display Inc. said Wednesday it will cut more than 4,700 jobs, or 30 percent of its total workforce, as it logged a bigger group net loss in the first half through September. The maker of liquid crystal display panels for smartphones and tablet computers ...
Japan Display Inc. said it has received a promise from a government-backed fund for financial support, with the maker of smartphone displays facing a sales slump. Japan Display Chairman and Chief Executive Officer Mitsuru Honma said in a news conference Tuesday that the Innovation Network ...
Sharp Corp. is closer to spinning off its struggling liquid crystal display business and integrating the unit into rival Japan Display Inc. in a state-backed deal, sources said Tuesday. Main lenders for the electronics maker have entered final talks with public-private fund Innovation Network Corporation ...
Japan Display Inc. plans to streamline its operations in China to cut costs and remain competitive despite weakening demand for smartphone display panels amid a slowdown in the Chinese economy, sources said Wednesday. The company, which has three plants in China, would concentrate the production ...
Japan Display Inc. forecasted a surprise annual loss because of delayed shipments to Apple Inc. and reduced sales to Sony Corp., a source said Japan Display, which makes screens for mobile devices, couldn't secure the parts to meet Apple orders, causing the delay, while shipments ...
Sony Corp., Panasonic Corp. and Japan Display Inc. plan to set up a new company later this year to develop small and medium-sized organic light-emitting diode displays for use in tablet devices, sources said on Wednesday. The new company will receive funding from the Innovation ...
Japan Display Inc. shares plunged to 25 percent below last month's initial public offering price in Tokyo trading after reporting preliminary earnings that missed its forecasts. Japan Display fell 16 percent to close at ¥672. That compares with the ¥900 IPO price before the stock ...
