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Reuters exclusive: Apple's iPhone struggles unravel ambitions of Japan Display

Reuters exclusive: Apple's iPhone struggles unravel ambitions of Japan Display

Reuters reported exclusively that Japan Display Inc, one of the world’s top vendors of liquid crystal display panels, is looking to China Silkroad Investment Capital for a bailout after its sales to Apple Inc slowed. The slowdown in iPhone sales, combined with a proliferation of new iPhone models, many of which use newer organic light-emitting displays, has left Japan Display’s new factory running at half capacity. It still owes Apple a majority of the construction cost, one of the company sources said, but the source declined to give the exact amount.


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