Struggling Apple display Japan Display said Tuesday that it has finalized a deal to raise $200 million from an unnamed “overseas customer.” While the customer is unspecified, Reuters claims that it is Apple.
The $200 million fund will come from the customer buying equipment at Japan Display’s main smartphone screen factory in central Japan. Japan Display owed Apple upward of $800 million last year due to Apple spending $1.5 billion building a plant used for iPhones.