Wednesday, 1 April 2020

Apple completes $200m investment into Japan Display

Apple has finalized a $200m investment into Japan Display that would be used to buy equipment. Up until now, Japan Display had collected $1.5b as a loan from Apple and paid off around $700m, leaving $800m to be paid. Adding to those the current $200m investment and Japan Display is back to a billion USD in debt to Apple. With Apple's $200m investment used as reassurance, Japan Display has managed to secure another $830m as an investment from an asset manager. JDI has been one of Apple's LCD makers and has been tasked with supplying Apple with OLEDs for the Apple Watch. Apple...

from - Latest articles
Author: via Bestsoftpro

No comments:

Post a comment