JDI in Japan seeks to fund BOE or become a partner

At present, Japan Display Inc. (JDI), which has been struggling with continuous losses, is actively seeking financial support from banks and its largest shareholder. The company hopes to secure funds for restructuring its business operations, with a significant portion of the aid expected to be allocated toward its factories in Ishikawa Prefecture and China. These funds will also be used to cover operational costs and support structural changes, including potential layoffs. In August, Japan Display announced its plan to identify fundamental measures for business redevelopment, including the introduction of external capital, as part of its 2017 strategy. By October, the company had started evaluating potential partners among overseas competitors. This included major players such as the Hon Hai Group from Taiwan, as well as BOE and Tianma Microelectronics from mainland China. Previously, Japan was concerned that the transfer of high-tech technologies to China could harm its own industrial competitiveness. After Toshiba sold its semiconductor business, some Taiwanese companies with close ties to mainland China were excluded due to fears over technology leakage. However, this mindset seems to be shifting as JDI looks to collaborate with Chinese firms. BOE, one of the key players in the display industry, has emerged as a potential strategic partner for JDI. Recent reports suggest that not only BOE but also other large Chinese panel manufacturers, such as CSOT, have shown interest in investing or collaborating with JDI. The investment required in the display industry is massive, making it increasingly difficult for Japanese companies to find suitable domestic partners. As a result, companies from China, South Korea, and Taiwan are becoming more attractive options. JDI plans to finalize its joint investment partner and announce detailed business restructuring measures by March 2018. According to company executives, JDI is open to receiving funding from multiple sources. Meanwhile, the Japan Industrial Innovation Agency, which currently holds 36% of JDI’s shares, plans to gradually reduce its stake. This shift is expected to significantly alter the company’s ownership structure in 2018, signaling a new phase in JDI’s recovery efforts.

Fiber Optic Wall Box

Fiber Optic Wall Box,Fiber Optic Wall Box Cable,Fiber Optic Wall Box Connector,Fiber Optic Wall Box Cabinet

Huizhou Fibercan Industrial Co.Ltd , https://www.fibercan-network.com