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Business deals

Japan Display having trouble landing backer for turnaround

Chinese players seen losing interest as Beijing shifts focus from LCDs to chips

Disappointing sales of the iPhone X are prompting Apple to increase orders for LCD panels.

TOKYO -- Cash-strapped LCD manufacturer Japan Display's talks with prospective investors have run aground as initially eager Chinese companies appear to have gotten cold feet.

The company, known as JDI, wanted to ink a deal by the end of March. But that will not happen until April or later, it has told its top shareholder, the public-private investment fund Innovation Network Corp. of Japan, and main lenders.

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