IPhone Supplier Japan Display Seeks Financing Needed to Shift to OLED Displays

iPhone display supplier Japan Display is in "advanced talks" with the government-backed fund Innovation Network Corp. of Japan to receive around ¥75 billion ($703 million) in financing, according to The Wall Street Journal. The bailout deal could help Japan Display improve its LCD display technology to better compete against OLED displays, while the investment could also go towards trying to set up its own manufacturing lines for mass-producing OLED displays. Apple is widely expected to...

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