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Business deals

Chinese Apple supplier confirms interest in Japan Display

Negotiations on tie-up with O-film are in 'early stages'

Apple's choice of LCD screens for the iPhone X series gave Japan Display some breathing room, but earnings remain under pressure. (Photo by Kei Higuchi)

GUANGZHOU -- Chinese electronic parts maker O-film Tech has acknowledged that it is in the early stages of negotiating an investment in troubled Japan Display, the world's largest supplier of smartphone screens.

Japan Display had approached the fellow Apple supplier on a possible transaction, O-film said in a statement on Tuesday, adding that no progress had been made in the talks.

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