ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Japan Display to raise $500m to supply key customer Apple

iPhone maker's shifting screen demands whipsaw LCD company

Japan Display Inc. has explored capital partnerships for producing advanced OLED displays, but talks have stalled.   © Reuters

TOKYO -- Japan Display plans to procure about 55 billion yen ($517 million) through third-party share allocations and asset sales, it said Friday, scrambling for capital so it can supply screens for new iPhones.

Sponsored Content

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

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