$723 million bailout could rescue struggling Apple supplier

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A struggling Apple supplier will reportedly be given a lifeline in the form of a $723 million bailout from Chinese and Taiwanese investors. Taiwanese panel maker TPK Holding Co, also an Apple manufacturer, and China’s state-backed Silk Road Fund will give the cash to Japan Display in exchange for a 30-50 percent stake in the […]

(via Cult of Mac - Tech and culture through an Apple lens)

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#japan display
#innovation network corporation of japan
#oled
#iphone
#news
#tpk holding