] [TechWeb June 26, according to foreign media reports, Apple suppliers, Japan Display Display Technology Semiconductor company JDI (Japan Display Inc., referred to as JDI) recently said that Taiwan Fund CGL Group will withdraw financial assistance framework of JDI .
JDI
JDI April 12 this year had announced that the three companies from mainland China and Taiwan Union financial support to reach an agreement on a maximum of 80 billion yen. However, the consortium's main funders, namely Taiwan touch panel makers Chen Hong photoelectric (TPK Holding) has recently decided to withdraw and not to JDI capital injection. Now we have an exit, JDI restructuring prospects become more uncertain.
However, in addition to leaving the Chinese mainland fund, while a Hong Kong fund expressed interest in participating in new aid. Mainland China and Hong Kong fund in the 27th on aid agencies JDI make a decision.
In addition, the foreign media has also reported last week that Apple is considering a bailout JDI.
JDI last month released 2018 fiscal year (as of the date March 2019 31) reported a consolidated final loss with a loss of 109.4 billion yen (about 6.85 billion yuan), 5 consecutive years of losses.
Smart phone makers to switch to OLED (OLED) panels, and LCD panel makers in mainland China production capacity and other reasons that JDI facing a severe business environment. JDI transferred OLED panel because the pace is slow, missed many Apple orders.
TFT-LCD, AMOLED display includes a flexible and new display technology, they are basic technology in semiconductor technology, it can be referred to as a semiconductor display. The semiconductor display may be defined as independent control of each display technologies collectively minimum display unit by the semiconductor device.