TOKYO (Technology) – Japan Display finalised a deal raising $200 million from “an overseas customer”.
A few sources claim that the overseas customer is Apple.
The $200 fund shall be in the form of customer purchasing equipment at Japan Display’s central Japan main smartphone screen factory.
Japan Display owed Apple over $800 million as of last year for the $1.5 billion costs for the plant’s construction. The funds to be raised would be used for repayment.
(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.