Wednesday, October 23, 2019

Apple Reduces Japan Display’s Payment Periods to Improve Panel Supplier’s Short-Term Financing

Apple will shorten Japan Display’s payment periods in an effort to improve the panel supplier’s short-term financing situation, reports Reuters, citing a source familiar with the matter. JDI CEO Minoru Kikuoka, who took on the role in September, told reporters on Wednesday that concerns about an immediate cash shortfall had been allayed but did not mention Apple by name. Japan Display still owes

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