Japan Display Considering Sale of Display Factory to Apple, Sharp: Report
Co-ordinate to new reports coming from the Nikkei Asian Review, Japan Display is considering selling off its main brandish manufacturing manufacturing plant to Apple, and Sharp for around $820 meg.
The Nippon Display factory in question is based in the Ishikawa Prefecture and has reportedly been close since July this year due to poor sales. The company has likewise been restructuring itself ever since Apple, ane of its chief customers, switched focus from LCD panels manufactured in the establish to generally OLED panels for its new iPhones.
The new written report is in contrast to Japan Display's earlier statement from December 12, when it said that one of its customers, presumed to exist Apple tree, will purchase equipment from its factory for nigh $200 meg.
Right now, Nikkei's sources are saying that JDI is negotiating the sale with Apple for around 80 billion to 90 billion yen. Abrupt, which also supplies LCD panels to Apple tree, is in talks to buy the manufactory from JDI every bit well, and both Sharp and Apple are reportedly contemplating how to share stakes in the facility.
While Apple did non reply to a request for a comment from Reuters, Abrupt said in a statement that "We are carefully considering it, reviewing the touch on that any buy would accept on our earnings, and whether and how much risk it would entail."
Japan Display, on the other hand, released a statement that it is not currently in talks with any tertiary parties regarding sale of the mill, and that it'southward "considering all of the options regarding treatment of the Hakusan Found goose egg has been decided." JDI as well added that "in club to consider all of the options, JDI is currently running a comprehensive bank check on the production equipment and infrastructure facilities at the Hakusan Plant."
Featured epitome courtesy: Nikkei Asian Review
Source: https://beebom.com/japan-display-factory-sale-apple-sharp/
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