JDI Seeking $900m in Funds to Help Restructuring Efforts

JDI, which supplies LCD panels to Apple and a few other smartphone OEMs, has requested banks and its largest shareholder for around 100 billion yen ($ 890 million) to help its restructuring efforts. Japan Display a.k.a JDI has been losing money for the last three years despite supplying LCD panels to many smartphone OEMs. Continue reading
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