Japan Display says reports of seeking funds not true, wants partner
Japanese news agency Kyodo has reported that the cash-strapped company was seeking investment
Japan Display's logo is pictured at its headquarters in Tokyo, Japan, August 9, 2016. PHOTO: REUTERS
Smartphone screen maker Japan Display said in a statement on Friday that recent reports that it was seeking funds were not true, and that it was seeking a partnership with a “global company”.
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Japanese news agency Kyodo has reported that the cash-strapped company was seeking investment from customers Apple and Huawei Technologies as well as from Chinese panel makers including BOE Technology.
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On Thursday, Japan Display told Reuters the reports were “speculative”.
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Japanese news agency Kyodo has reported that the cash-strapped company was seeking investment from customers Apple and Huawei Technologies as well as from Chinese panel makers including BOE Technology.
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On Thursday, Japan Display told Reuters the reports were “speculative”.