Big bailout gives Apple display maker a shot at OLED

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iPhone 7
The iPhone is getting OLED displays next year, but not everyone's happy about it.
Photo: Ste Smith/Cult of Mac

Apple display maker Japan Display is set to receive yet another bailout, in the vicinity of $703 million, from the Japanese government-backed fund that is it’s larger shareholder, claims a new report.

The money will help Japan Display catch up its OLED manufacturing capabilities, which have been lagging behind its rival display makers.

One of Apple’s biggest display makers on the verge of cracking

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iPhone 7 front
iPhone 7 display maker is in trouble.
Photo: Ste Smith/Cult of Mac

Japan Display, one of Apple’s main component makers for iPhone displays, is struggling and could lose the financial support of the Japanese government if it’s not able to drum up more non-Apple biz.

The company has been hit by a triple threat: a rise in the Japanese yen, a reluctance to shift from its LCD technology while rival companies ramped up OLED facilities, and slowing iPhone sales.

Things go from bad to worse for iPhone display maker

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iPhone 6 Plus_9
Japan Display is running into problems.
Photo: Ste Smith/Cult of Mac

Apple display maker Japan Display continues to suffer setbacks, with the latest being a fall in its share price after it was revealed that the company is seeking financial support from a Japanese government-backed fund.

Japan Display has been hit by the triple whammy of iPhone sales falling, a damaging rise in the Japanese yen currency, and seemingly betting on the wrong horse by hanging onto LCD technology for too long while rival companies were ramping up their OLED facilities for next year’s big iPhone refresh.

iPhone display maker takes hit as Samsung steals OLED orders

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Save your battery with this pretty extreme trick.
Apple's OLED dreams are turning out to be a nightmare for some.
Photo: Jim Merithew/Cult of Mac

The rumors that Samsung is ramping up its OLED facilities bodes well for superior displays on next year’s iPhone refresh, but there’s one party that’s not quite so pleased: struggling Apple display maker Japan Display.

The reason? Because while other companies bet big on OLED, it seems that Japan Display doubled-down on its LCD technology — and may now be suffering the effects of its ill-timed decision.