Japan Display sells Chinese subsidiary in latest restructuring move

Troubled Apple supplier looks for return to profitability

20221028N JDI logo

The Japanese maker of LCD displays has suffered continued financial setbacks. (Photo by Karina Noka)

NAMI MATSUURA, Nikkei staff writer

TOKYO -- Japan Display will sell its China-based subsidiary Suzhou JDI Electronics to a local buyer, the money-losing Japanese panel maker said Friday, as it continues to shed assets in a sweeping overhaul.

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