Japan Display gets debt relief; says consortium to formalize bailout

The severity of the business environment remains unchanged, and it is unclear whether the reconstruction will proceed smoothly. No claims from the United States have been received regarding China's investment. In other words, it proves that JDI is a worthless company.

Caution flags everywhere for any deal that involve China.

Sometimes it may be better to downsize than to "maintain" and "survive" by outside aid. Much depends on at what "cost"?

INCJ offered to forgive 44.7 billion yen in debt in return for Japan Display's 27.2% stake in OLED panel maker JOLED

This is the kind of disguised socialism I really hate. JOLED's major shareholder is, - guess who? - INCJ! which is 95% govt owned. The public plug should have been pulled on this turkey ages ago. I guess the board members need their salaries and bonuses, and muggins the Japanese taxpayer will always be there to enrich them. At the end of the day, the Chinese or Taiwanese take home all the loot.