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May 04, 2024
 

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LG DISPLAY

Japan Times
BUSINESS / Companies
Sep 2, 2019
Japan Display might crank out next-gen OLEDs at Ishikawa plant, Lee says
Japan Display Inc. is exploring the idea of mass producing next-generation organic electroluminescent panels for smartphones at a domestic plant, the CEO of a China-Hong Kong consortium bailing out the troubled Apple Inc. supplier says.
Japan Times
BUSINESS / Companies
Aug 23, 2019
Chinese manufacturers eager to ink OLED panel tie-up with struggling Japan Display
Several Chinese manufacturers are interested in tying up with Japan Display Inc. to mass produce next-generation OLED panels for smartphones, a consortium that has agreed to bail out the troubled Apple Inc. supplier says.
Japan Times
BUSINESS / Companies
Aug 9, 2019
Japan Display logs ¥83 billion net loss in first quarter
Japan Display Inc. said Friday it had developed a negative net worth following a group net loss of ¥83.27 billion ($786 million) for the April-June quarter due to restructuring costs and falling demand for smartphone displays.
Japan Times
BUSINESS / Companies
Jul 23, 2019
Banks to extend support for struggling Japan Display
Three main credit banks for Japan Display Inc. are poised to continue supporting the struggling maker of small and midsize liquid crystal display panels, it was learned Monday.
Japan Times
BUSINESS / Companies
Jul 12, 2019
Apple supplier Japan Display secures bailout after funding shortfall
Japan Display Inc. said Friday that it has secured its ¥80 billion ($740 million) bailout package with an extra capital injection from a Chinese fund.
Japan Times
BUSINESS
Jul 4, 2019
South Korean minister warns of possible countermeasures to Japan's export curbs
South Korea's economic policy chief said Thursday he would not rule out direct countermeasures against Japan if Tokyo maintains restrictions on exports of high-tech materials to South Korean companies for an extended period.
Japan Times
BUSINESS / Companies
Jun 28, 2019
Hong Kong fund to provide up to $180 million in aid to struggling Japan Display
Japan Display Inc. said Friday it will receive around $150 million to $180 million in financial aid from a Hong Kong-based fund as it scrambles to secure funds under its bailout plan.
Japan Times
BUSINESS
Jun 26, 2019
Sharp to consider investing in Japan Display if asked, CEO says
Sharp Corp. CEO and Chairman Tai Jeng-wu said Tuesday his company will consider investing in Japan Display Inc. if the struggling display maker asks for financial aid.
Japan Times
BUSINESS / Companies
Jun 25, 2019
Taiwanese fund drops out of bailout consortium for Japan Display
Japan Display Inc. said Tuesday that a Taiwanese private equity fund has dropped out of a bailout consortium, further clouding the outlook for the struggling panel-maker.
Japan Times
BUSINESS / Companies
Jun 17, 2019
China's Harvest Tech investment fund postpones decision on ¥80 billion package for Japan Display
The move by the fund, part of a consortium, means Japan Display failed to formally secure needed funding ahead of its annual shareholders' general meeting Tuesday.
BUSINESS / Companies
Jun 15, 2019
Company in China-Taiwan group forgoes assistance to Japan Display, leaving bailout up in the air
A Taiwanese company that is part of a consortium planning to offer bailout funds to struggling Japan Display Inc. has decided to forgo providing the funds, sources said Saturday.
Japan Times
BUSINESS / Companies
Jun 13, 2019
Japan Display CEO to quit as struggling screen-maker plans more job cuts
Japan Display Inc., a supplier to Apple Inc., said Wednesday its CEO will quit in September to take responsibility for years of net losses as it unveiled additional restructuring measures and raised the number of domestic job cuts to 1,200.
BUSINESS / Companies
May 31, 2019
Japan Display hopes to secure financial aid from China-Taiwan group in June
Japan Display Inc. said Thursday it will secure a capital injection from a Chinese-Taiwanese consortium next month.
Japan Times
BUSINESS / Companies
May 20, 2019
Japanese manufacturers brace for fallout — and losses — from U.S.-China trade war
Japanese manufacturers are watching developments closely in the U.S.-China trade war, with the looming possibility of additional mutual import tariffs expected to further dampen their businesses.
Japan Times
BUSINESS / Companies
May 15, 2019
Japan Display to cut 1,000 workers in further restructuring
Japan Display Inc. is considering reducing its workforce by around 1,000, mainly in Japan, as the Apple Inc. supplier accelerates restructuring to cut costs, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
Apr 13, 2019
Japan Display inks deal for ¥80 billion bailout by Chinese and Taiwanese firms
Japan Display Inc. has signed a deal to receive an ¥80 billion ($715 million) capital injection from a group of Chinese and Taiwanese firms, leaving its revival, initially planned under a Japanese government-backed fund, in the hands of foreign companies.
Japan Times
BUSINESS / Companies
Apr 4, 2019
LCD maker Japan Display reaches bailout deal with China-Taiwan consortium
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.
Japan Times
BUSINESS / Companies
Apr 1, 2019
LCD maker Japan Display, a key Apple supplier, plans ¥110 billion bailout deal this week
Display panel maker Japan Display Inc., a key supplier of Apple Inc., said Monday it is aiming to agree this week on a bailout of more than ¥110 billion ($989 million) from a group of Chinese and Taiwanese companies and an investment fund backed by the Japanese government.
Japan Times
BUSINESS / Companies
Mar 30, 2019
Japan Display nears deal to raise ¥100 billion from China-Taiwan consortium and Japanese investment fund
Japan Display Inc. is making final arrangements to procure some ¥100 billion from a China-Taiwan consortium and Japanese public-private investment fund INCJ Ltd., informed sources said Saturday.
Japan Times
BUSINESS / Companies / FOCUS
Mar 24, 2019
Apple's iPhone struggles unravel ambitions of Japan Display
When Japan Display Inc. broke ground on a new factory in central Japan in 2015, the future looked bright for one of the world's top vendors of liquid crystal display (LCD) panels.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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