ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

Japan Display on the ropes as talks for China-led funding stall

LCD maker faces fifth straight year in red due to iPhone slump

Sales of the iPhone XR released last fall have disappointed, dealing a blow to Apple supplier Japan Display. (Photo by Rie Ishii)

TOKYO -- Liquid crystal display specialist Japan Display is in a race against time to secure funds for survival, after saying Thursday that it is on track for a fifth-straight annual net loss.

Founded in 2012 through a merger of the liquid crystal display businesses of Hitachi, Toshiba and Sony, Japan Display has been in talks with Chinese and Taiwanese companies for a cash influx since the end of 2018.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more