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Japan Display Confirms New $1.4 Billion LCD Manufacturing Plant

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Japan Display Confirms New $1.4 Billion LCD Manufacturing Plant

Japan Display showed rumors on Friday it’s construction a brand new manufacturing unit to spice up its LCD output capability by way of 20 %, and Apple will probably be one of the most primary buyers for the plant, as it is going to be the main provider, reviews Reuters.

The corporate didn't identify Apple, in keeping with its coverage of now not choosing shoppers. O individual acquainted with the problem stated Apple might additionally make investments an unspecified quantity within the plant, which might additional the Japanese monitor maker's purpose of changing into the main provider of top-tech monitors for iPhones.

While funding main points are nonetheless private, the plant can be inbuilt Ishikawa, valuable Japan for a price of approximately 170 billion yen. Japan Display hopes to start out operations in 2016 and notes that the plant will building up its LCD capability by way of 20%.

If this kind of deal sounds acquainted, it’s as a result of it's. Last yr, Apple struck a take care of GT Advanced Technologies to construct a manufacturing unit for sapphire crystal iPhone 6 presentations, till the deal famously and substantially fell aside.

What do you assume ?


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