TOKYO: Japan Display Inc, which has struggled to deliver consistent profits since it was formed by a government-backed fund four years ago, is going back for more money.
The Japanese maker of smartphone screens agreed to a 75 billion yen (US$637mil) injection of cash from Innovation Network Corp of Japan (INCJ), which is already its largest shareholder.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!