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Japan Display in talks for $1.8 bln-plus investment from Chinese cos

The company has said it is seeking capital to begin mass-producing OLED screens

Reuters  |  Tokyo 

Cash-strapped Japan Display Inc is discussing an investment of more than 200 billion yen ($1.8 billion) from three Chinese panel makers including BOE Technology Group Co, Kyodo News reported. Japan Display is aiming to agree to a deal by the end of March, Kyodo said, without citing its source. The other two firms are Tianma Microelectronics Co and Shenzhen China Star Optoelectronics Technology Co (CSOT), Kyodo said. Japan Display and rival Sharp Corp once boasted cutting-edge screen technologies, but they have struggled in recent years to compete with more nimble Asian ...

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First Published: Wed, December 20 2017. 13:47 IST