Apple Supplier in Japan Looks to Taiwan for Bailout After iPhone XR Letdown - News Summed Up

Apple Supplier in Japan Looks to Taiwan for Bailout After iPhone XR Letdown


TOKYO—The disappointing performance of Apple Inc.’s iPhone XR is rippling through the global supply chain, leading a major Japanese supplier for the model to seek a bailout from an investor group from China and Taiwan. Japan Display Inc. is in advanced talks with Taiwan’s TPK Holdings Co. and Chinese state-owned Silk Road Fund about an investment that would include a stake of about 30% with the possibility of greater control later, people familiar with the matter said. The size of the investment isn’t decided but could reach...


Source: Wall Street Journal January 22, 2019 08:13 UTC



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