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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...



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