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Japan Display says bailout from Chinese group could be delayed

World Materials 13 May 2019 11:36 (UTC +04:00)
Japan Display Inc said on Monday that a planned investment of up to 80 billion yen ($729.33 million) from a Chinese-Taiwanese group could be delayed
Japan Display says bailout from Chinese group could be delayed

Japan Display Inc said on Monday that a planned investment of up to 80 billion yen ($729.33 million) from a Chinese-Taiwanese group could be delayed, reports Trend citing to Reuters

The buyer group has informed the company that they will make internal decisions about investment after re-examining the prospects for Japan Display’s business performance, the smartphone screen maker said.

The group includes Taiwanese flat screen maker TPK Holding and Chinese investment firm Harvest Group.

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