Japan Display bailout plan gets shareholder approval

Business / Corporate 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. Under the bailout plan, which was approved Wednesday at an extraordinary shareholders ...

Japan Display considers selling key plant to Apple and Sharp

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. The struggling display-maker, also known as JDI, closed the plant in ...

Japan Display halts Chiba plant due to damage from heavy rain

Business Oct 27, 2019

Japan Display halts Chiba plant due to damage from heavy rain

Japan Display Inc. has suspended production at its mainstay plant in Mobara, Chiba Prefecture, due to damage from torrential rains that hit the prefecture late last week, it was learned Sunday. Since 6 a.m. Saturday, the plant has halted the production of liquid crystal display ...