$636M government bailout of Japan Display saves one of Apple’s iPhone suppliers

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$636M government bailout of Japan Display saves one of Apple’s iPhone suppliers

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<p>One of Apple’s iPhone display suppliers has been rescued by a $636M bailout from the government-backed Innovation Network Corporation of Japan, reports the <a href="http://www.wsj.com/articles/japan-display-to-get-up-to-635-million-in-new-funding-1482304434" target="_blank">WSJ[/url]. <a href="https://9to5mac.com/guides/japan-display/" target="_blank">Japan Display[/url] had seen its display panel orders fall significantly in the face of keen price competition and a move towards <a href="https://9to5mac.com/guides/oled/" target="_blank">OLED[/url], a technology it does not currently produce.</p>
<p>The rescue could well be important for Apple …</p>
<p> <a href="https://9to5mac.com/2016/12/21/japan-display-apple-supplier-iphone-displays-oled/#more-459845" class="more-link">more…[/url]</p>
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