Apple fronting the largest mobile display maker JDI $1.7 billion for a new iPhone panel plant:
Japan Display Inc. - the Sony, Toshiba and Hitachi joint-venture for mobile displays that is backed by the Japanese government - is allegedly ready to receive a giant financial injection by none other than Apple. Reuters sources are citing the whopping $1.68 billion that JDI is ready to invest in the Ishikawa area for building a brand new plant to make mobile displays.
Apple is supposedly ready to front Japan Display the lion's share of this sim, and for a good reason. The insiders revealed that the new plant will be made almost exclusively to supply ...
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