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. The red ...
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. Kikuoka, who ...
Samsung Display Co. plans to spend 13.1 trillion won ($11 billion) developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals. In an announcement event attended by South Korean President Moon Jae-in and Samsung Electronics Co. Vice-Chairman ...
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. Winston Lee, CEO of Suwa Investment Holdings LLC, said making ...
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. "As an independent Japanese company with a recognized leading technology, you ...
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 ...
Apple's 'secret' project: Replacing Samsung screens with in-house microLED displays
Apple Inc. is designing and producing its own device displays for the first time, using a secret manufacturing facility near its California headquarters to make small numbers of the screens for testing purposes, according to people familiar with the situation. The technology giant is making ...
Sony and Panasonic to join fundraising by Japan Display affiliate
Sony Corp. and Panasonic Corp. are among the companies set to help an affiliate of Japan Display Inc. raise ¥100 billion for mass production of advanced panels, sources said Wednesday. Sumitomo Chemical Co. and Screen Holdings Co. are also likely to take part in the ...
How one Japan firm shifted its focus from steel plates to fancy phone screens
It calls itself a steel maker, but don't be misled by the name. Japan Steel Works Ltd. is no longer just the old-world metals firm that it started life as more than a century ago. These days, the Tokyo-based company is more a technology play, ...
Apple, LG said to negotiate major OLED deal for iPhones starting 2019
Apple Inc. will have to wait until at least 2019 to be able to move beyond Samsung Electronics Co. for significant alternative supplies of next-generation, organic light-emitting diode screens for iPhones, according to people familiar with the matter. LG Display Co., a longtime supplier of ...
Japan Display mulling capital injection request amid stiff regional competition
Facing stiff competition from South Korean and Chinese rivals, Japan Display is considering drastic restructuring, including asking for a capital injection from an outside investor, sources said Wednesday. The liquid crystal display maker is also looking to again postpone to next year or later its ...
Ahead of next iPhone, Idemitsu Kosan leads way after developing OLED screen
The iPhone's success has transformed the fortunes of dozens of suppliers, from glass manufacturers to the maker of robots that cut metal cases. Now, as Apple Inc. prepares to introduce a new smartphone with an OLED screen, a Japanese refiner better known for its chain ...
