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...
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Signify, the world leader in lighting, announced that it has installed Philips GreenPower LED toplighting compact in the lettuce nursery greenhouse of Woodeumgee Farm Co., Ltd., located in Buyeo, Chungcheongnam-do. Woodeumgee Farm has reported... READ MORE
When Gary SouthShore RailCats fans head to U.S. Steel Yard field, they will be welcomed with a new LED video display experience from Daktronics (NASDAQ: DAKT) of Brookings, South Dakota. The project is an upgrade to the previous Daktronics dis... READ MORE