Tag - japan-display

 
 

JAPAN DISPLAY

Japan Times
BUSINESS
Apr 10, 2023
Apple supplier Japan Display teams up with China's HKC as it seeks turnaround
The two companies will jointly plan and build fabs using Japan Display's eLEAP OLED technology, targeting mass production in 2025, the firm said.
Japan Times
BUSINESS / Companies
Jun 16, 2021
Japan Display, a fading iPhone LCD screen-maker, pivots to virtual reality
The Tokyo-based LCD specialist expects its favored display technology to become the standard for VR because it can achieve higher resolution than OLED.
Japan Times
BUSINESS / Companies
Aug 28, 2020
Japan Display to sell part of Ishikawa panel plant to Sharp for $390 million
The firm will use funds to be received from Sharp and Apple to pay back a large portion of its outstanding debts.
Japan Times
BUSINESS / Companies
Jul 16, 2020
Apple watch supplier Japan Display in talks on smartphone OLED investment
Japan Display is developing a technology that will deliver OLED screens that are sharper, less power hungry and easier to produce, the company's CEO says.
BUSINESS / Companies
Jun 30, 2020
Japan Display posts net loss for sixth year on restructuring costs
Japan Display Inc. said Tuesday it posted a group net loss of ¥101.42 billion ($938 million) in fiscal 2019, a red ink figure for the sixth straight year, due to hefty restructuring costs and weak demand for products.
Japan Times
BUSINESS / Companies
May 20, 2020
Japan Display to boost profitability with new image sensor, CEO says
Firm's president says the company is trying to enter the medical and security markets with bendable sensors developed with the University of Tokyo.
Japan Times
BUSINESS / Companies
Mar 26, 2020
Japan Display bailout plan gets shareholder approval
Japan Display Inc. shareholders have signed off on a bailout plan involving a capital injection from a private Japanese fund to erase its negative net worth so the company can turn itself around.
Japan Times
BUSINESS / Companies
Jan 9, 2020
Japan Display ends bailout talks with Chinese-Taiwanese consortium
Japan Display Inc. said Wednesday it had formally ended talks with a Chinese-Taiwanese consortium on a bailout plan that has effectively been stalled since September.
Japan Times
BUSINESS
Dec 27, 2019
Japan Display considers selling key plant to Apple and Sharp
Japan Display Inc. is considering selling a major plant in central Japan to Apple Inc. and Sharp Corp. in an apparent bid to improve its balance sheet, sources close to the matter said Friday.
BUSINESS / Companies
Dec 24, 2019
Japan Display to set up new investigation team over improper accounting
Japan Display Inc. said Tuesday it will set up a new investigative team consisting only of outside parties to look into suspected improper accounting after the company's internal probe found questionable figures in previous earnings results.
Japan Times
BUSINESS / Companies
Dec 12, 2019
Japan Display in talks for ¥90 billion injection from private fund
Japan Display Inc. is in talks with private fund Ichigo Asset Management Ltd. about a capital injection of around ¥90 billion that would shore up its ailing finances, sources close to the matter said Thursday.
Japan Times
BUSINESS / Companies
Dec 6, 2019
Banks to extend loan deadline again for struggling Japan Display
Three major lenders for Japan Display Inc. plan to extend their credit deadlines again to bolster the struggling display-maker's financing as a rescue plan from new investors has yet to be finalized, sources close to the matter said Friday.
BUSINESS / Companies
Nov 28, 2019
Fired former executive claims Japan Display engaged in accounting fraud
A former financial executive of Japan Display Inc. has claimed that the ailing company was engaged in accounting fraud in the past.
Japan Times
BUSINESS / Companies
Nov 21, 2019
Former exec at struggling Japan Display embezzled ¥578 million over four years, firm says
A former executive in charge of accounting at loss-making panel-maker Japan Display Inc. embezzled some ¥578 million ($5.3 million) over a four-year period from 2014, and was dismissed last December, the company said Thursday.
Japan Times
BUSINESS / Companies
Nov 14, 2019
Japan Display's first half net loss tops ¥100 billion on restructuring costs
Japan Display Inc. reported a group net loss of ¥108.67 billion ($996 million) for the fiscal first half on Wednesday, up more than tenfold from a year earlier, due to massive restructuring costs that saw its negative net worth also surpass ¥100 billion.
Japan Times
BUSINESS / Companies
Nov 1, 2019
Apple and Taiwan's Wistron offer direct investments to Japan Display
Apple Inc. and Taiwanese electronics giant Wistron Corp. have offered to provide funds directly to struggling Japan Display Inc. separately from the initial finance plan devised under the rescue framework involving Hong Kong's Oasis Management Co., sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Oct 24, 2019
Japan Display to receive faster payments from Apple as additional financial support
Japan Display Inc. said Wednesday it will receive further financial support from Apple Inc. and other clients, as part of efforts to quell concerns over its financing arrangements.
Japan Times
BUSINESS / Companies
Oct 17, 2019
Japan Display CEO shows confidence in turnaround with forecast for profit in second half
Japan Display Inc. President and CEO Minoru Kikuoka said Thursday his company is expected to be profitable in the second half of the current business year, which runs through March, with its new OLED products projected to reach the market later this year.
Japan Times
BUSINESS / Companies
Sep 27, 2019
Japan Display shareholders slam firm over China fund's pullout from bailout plan
Shareholders of Japan Display Inc. gave approval Friday for the embattled company to receive a bailout from a Hong Kong fund and others, but criticized the display-maker over its Chinese sponsor's withdrawal from the rescue plan announced the previous day.
Japan Times
BUSINESS
Sep 14, 2019
Japan Display to extend Ishikawa plant closure on soft iPhone sales as it mulls next-gen OLED plan
Japan Display Inc. said Friday it will extend the closure of its plant in Ishikawa Prefecture due partly to Apple Inc.'s weak iPhone sales as it considers a plan to make new organic light-emitting diode displays there instead.

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