TOKYO -- Japan Display is considering taking on a capital infusion from an outside partner as part of sweeping restructuring efforts that would shift its focus to cutting-edge display technologies.
The maker of liquid crystal display panels -- formed through the 2012 merger of the LCD operations of Hitachi, Sony and Toshiba -- has seen earnings plunge in recent years. Smartphone makers including Apple, its largest customer, are increasingly turning away from LCDs and toward state-of-the-art organic light-emitting diode displays, where the Japanese company lags far behind South Korean rivals.
