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 ...
Hedge fund Renaissance picks winner with hot firm V Technology
V Technology Co., a small Japanese supplier to display makers, added a surprising new shareholder last June: Renaissance Technologies. For the secretive U.S. hedge fund started by Jim Simons, it turned out to be an especially savvy bet. Shares of V Tech, as it's known, ...
Apple quest for OLED screens for next-generation iPhones hinges on sole supplier Canon Tokki
Apple Inc.'s quest to adopt advanced displays for its next-generation iPhone hinges on a single supplier in the Japanese countryside. Canon Tokki Corp., surrounded by rice fields in the city of Mitsuke in Niigata Prefecture, has a near monopoly on the machines capable of making ...
Apple wants OLED displays in next iPhone iteration but most suppliers aren't ready
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 ...
Apple's switch to OLED screens could make or break Japanese suppliers
Pick up a high-end smartphone these days and chances are it will have a crisp, energy-sipping organic LED display — unless it's an iPhone. That will change next year, when Apple Inc. plans to adopt the technology for the next major upgrade to its flagship ...
Sharp Corp. set to invest ¥57 billion in organic LED production
Sharp Corp. is investing ¥57.4 billion for the development of organic LED display production facilities, with the goal of starting output by June 2018. The funds will be used for equipment and to deliver sample products to customers, the Osaka-based company said in a statement ...
