Japanese display manufacturer named “Japan Display” is struggling to create possibilities to manufacture OLED displays for iPhones. In order to get back to work, Chinese and Taiwanese investors can give them $723 million in exchange for 30-50 percent worth of these companies.
It hasn’t been confirmed yet for this effect to happen, but the positive thing is that these two companies would be the most valuable display investors ever. Japan Display has been confidentially speaking with many investors in the attempt for this action to happen. INCJ, the government-backed stock fund in Japan, has 25.3 percent of Japan Display.
Overall, Japan Display worked with Apple for several months already. They manufacture the OLED and Super Retina displays since the iPhone X. Due to the technology of the displays, they had many rivals around them. They were affected by the drops in the iPhone orders.