Japan Display discussing factory sale to Apple, Sharp – Nikkei - News Daily

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Thursday, December 26, 2019

Japan Display discussing factory sale to Apple, Sharp – Nikkei

TOKYO (Reuters) - Japan Display Inc is discussing the sale of its key smartphone screen factory to Apple Inc and Sharp Corp for 70 billion to 80 billion yen ($730 million-$820 million), the Nikkei business daily reported on Friday. The cash-strapped company had said earlier this month that financial support of $200 million promised by "a customer", which sources said was Apple, may come in the form of purchasing equipment at the plant.

The post Japan Display discussing factory sale to Apple, Sharp – Nikkei appeared first on Firstpost.



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