2020-08-28

JDI to Sell Its LCD Plant to Sharp and Apple for JPY 71 billion

Japan Display (JDI) is going to sell its LCD plant in Hakusan, Japan, to Sharp and Apple, so that the Japanese display maker can pay off its debt to Apple. The total transfer price is estimated to be JPY 71 billion (US$ 672 million). (Image: JDI) The plant will be transferred to Sharp, who is also a display supplier of Apple, by the end of September. With the transaction, Sharp will take over most of the debt of JDI which JDI borrowed from Apple when building the plant. The plant was originally built for supplying LCD panels for iPhone. But S...
Continue reading
Samsung Electronics America today announced a partnership with the Georgia Theatre Company and its channel partner, GDC Technology America, to deliver an enhanced moviegoing experience at Trilith Cinemas in Fayetteville, Georgia. Trilith Cinem... READ MORE
Samsung is bringing Galaxy AI to life on the big screen in some of the world’s most iconic urban spaces through a global 3D video billboard experience. Ahead of Galaxy Unpacked on Feb. 25, Samsung is giving audiences around the world ... READ MORE