Japan Display aims to clinch $468 million in funding by the end of this month

Japan Display’s bailout plan got slightly derailed following the withdrawal of Harvest Group, a Chinese investment firm from the bailout consortium. Following a sudden withdrawal of a Chinese investor group from its bailout plan, Japan Display Inc, an Apple Inc supplier stated, it aims to clinch a deal for least $468 million (50 billion yen)…

Japan Display secures funding from investors led by China’s Harvest Group

Japan Display, which depends on Apple Inc for the bulk of its revenues, has secured a funding bailout. The development was not announced earlier. On Friday, in a significant development Japan Display Inc stated, a group of investors led by China’s Harvest Group, an investment firm, had provided $738 million (80 billion yen) in funding…