Apple is paying up faster to help struggling display-maker

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iPhone XR
Apple won't give up on JDI.
Photo: Apple

Apple has reportedly agreed shorter payment terms with struggling display-maker Japan Display (JDI). It is part of a plan to help stabilize the company following years of financial troubles.

The deal comes after Apple agreed to cough up as much as $200 million as part of bailout to keep JDI afloat.

Apple doubles investment to save struggling display-maker

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Apple may buy factory belonging to struggling Apple display-maker
Apple may buy factory belonging to struggling Apple display-maker
Photo: Apple

Apple has reportedly doubled its investment in struggling iPhone screen-maker Japan Display (JDI).

CEO Minoru Kikuoka expects the deal to be completed this month. It comes after an ¥80 billion ($750 million) bailout deal fell through in late September when the largest investor pulled its funding.

Struggling iPhone display-maker suffers another big blow

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iPhone XR
Apple won't give up on JDI.
Photo: Apple

An effort to save struggling LCD manufacturer Japan Display (JDI) has reportedly been scrapped.

The firm leading the bailout with a ¥63 billion ($557 million) investment this week pulled out of a potential deal, according to people familiar with the matter.

The future of JDI now looks uncertain — but strong demand for iPhone 11 is helping its bottom line.