JDI in Japan seeks to fund BOE or become a partner

At present, JDI, which has been in a state of constant losses, is seeking funding from banks and the largest shareholder, hoping to obtain financial aid funds for restructuring the company's business, and will be mainly used in factories in Ishikawa Prefecture and China. Structural changes resulting from layoffs and operating funds.


Japan Display announced in August that it will identify fundamental business redevelopment measures including the introduction of external capital in 2017. In October, it began to screen cooperative companies with overseas competitors. This includes the Hon Hai Group in Taiwan, China, and BOE and Tianma Microelectronics in mainland China.

Previously, Japan feared that the flow of related high-tech technologies to China would result in unfavorable conditions for Japanese industries. Following the sale of its semiconductor business by Japanese technology giant Toshiba, Taiwan’s companies with close ties to mainland China and the mainland have been excluded due to concerns about the flow of related technologies to China.


BOE or JDI important partner

Now the amount of investment in the display industry is huge. It is difficult to find partners in Japan, and peers from the mainland, Korea, and Taiwan will become strong candidates. It is reported that in addition to BOE, China's large-scale panel companies such as CSOT have also shown interest.

After Japan’s monitor selects a joint investment partner, it plans to formulate business reconstruction measures including capital injection by March 2018. The company’s executives said, “In the future, we plan to accept funding from a number of companies.” Japan’s industrial innovation agency, the largest shareholder holding 36% of Japan’s monitor’s shares, plans to gradually reduce its shareholding. It is expected that the shareholder structure of Japan’s display will change significantly in 2018.

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