Andre Yoskowitz
8 Mar 2015 17:08
According to sources, Japan Display is building a new plant that would supply millions of smartphone displays for Apple iPhones.
The new $1.4 billion LCD manufacturing plant would help the company become a primary supplier to Apple, which sells upwards of 150 million iPhones per year.
Apple will also reportedly invest in the plant, which will be built in Ishikawa, Japan.
If accurate, the agreement would be a massive deal for Japan Display; a company that was built off the floundering display units of Hitachi, Sony and Toshiba in 2012 and is currently supported by the Japanese government.
Source:
Reuters