Shenzhen Enrich Electronics Co.,Ltd

Favorite  |  Set Home
skype: +8615989368202
QQ: 2850818613
FACEBOOK: Leanna Zheng
E-mail: Leanna Zheng
Contact Us

Name: Leanna
Tel: +86-755-27864416
Fax: +86-755-27864653
Mobile: +86-15989368202
Add: 3rd Floor Bldg.11,ChangXing Technical Zone,Wan An Road,Sha Jing town,Ban An district ,Shen Zhen ,GuangDong, China.
Skype: +8615989368202
WeChat: L90093
whatsapp: +8615989368202
QQ: 2850818613
Skype: +8615989368202 facebook: Leanna Zheng QQ: 2850818613

Company News >> Apple LCD panel supplier Japan Display received $2.1 billion in bailout
It is reported that Japan Display, a troubled Apple LCD monitor supplier, said that the company has agreed to receive $2.1 billion in rescue funds from a certain Taiwanese group. Although the deal saved the Apple display maker, it marked the failure of the Japanese government to stop the company from falling into the hands of non-Japanese.


Japanese monitors have provided Apple with LCD panels for many years, but due to Apple's move to OLED display technology, it faces financial challenges. Since then, the company has been actively seeking investment in order to enter the OLED field.


The groups that provide assistance include Taiwan's display panel manufacturer Shun Hong Technology and China Asset Management Company Harvest Group. The bailout plan includes injecting up to 80 billion yen into the company through stocks and bonds. It is expected that the group will purchase 49.8% of the shares of Japanese monitors through the bailout fund, which is close to having majority control.


Part of the dilemma that Japanese monitors have encountered this year comes from an agreement signed with Apple in 2015 to build a new LCD panel factory. The $1.5 billion project was funded primarily by Apple to gain access to LCD panels. However, Apple's recent shift to OLED panels has also led to lower-than-expected LCD panel orders.

Online service

Skype: +8615989368202 2850818613