Apple and Huawei want to invest? JDI said it is speculation

Japan's Kyodo News reported that JDI, a Japanese maker of panel makers, said JDI is seeking about 500 billion yen (about NT $ 130 billion) and has contacted two major clients, Apple and China. Reuters, The latest JDI statement states that JDI officially rebutted the report as speculation and declined to comment.

According to "Reuters," a panel maker that used to be an Apple screen supplier, has been losing money in the past three years due to poor business practices, the company said it hopes to start large-scale production of OLED panels to compete with South Korean rival Samsung Electronics However, this part requires external funding.

According to Kyodo News, JDI is eager to seek funding and is currently discussing with more than 200 billion Japanese yen (about 1.76 billion U.S. dollars) with three Chinese panel makers such as BOE Technology Group and two of these vendors, Apple and Huawei, JDI also announced on the 21st that it would refuse to seek investment from Apple and Huawei and JDI declined to disclose details of any negotiations with three Chinese panel makers such as BOE Technology Group.

In 2002, JDI formed a display unit of three Japanese technology companies, including Sony, Hitachi and TOSHIBA, and currently holds a 36% stake in JDI. In the past, Hon Hai, Taiwan, Group is the object of JDI consider capital cooperation.However, Hon Hai's LCD panel maker Sharp (Sharp), if the two sides capital cooperation may be considered as hindering the LCD panel market competition, can not pass the relevant state exclusive ban on the law review. Dai Zhengwu, the incumbent president, also pointed out that the idea of ​​investing has not yet been discussed with the JDI.

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