TOKYO -- Japan Display will sell a manufacturing subsidiary to Taiwanese contract assembler Wistron for roughly 8 billion yen ($72.3 million), the struggling panel maker said Thursday, the latest in a series of asset sales aimed at reducing fixed costs.
Business deals
Troubled Japan Display to sell LCD unit to Taiwan's Wistron
Tokyo panel maker offloads more assets, but partners eye new fields together
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Kaohsiung Opto-Electronics produces LCD modules used in automobiles and industrial machinery. (Image courtesy of the company)
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