Japan Display to sell screen plant to Sharp for $390 mil, repay debt to Apple

Triple kneefall for Japan inc. Sharp is owned bij Taiwanese HonHai ( Foxconn), suppliers to Apple. Nice triangular deal for Apple and Foxconn that is.

first Sharp is saved by HonHai in a firesale at very low price, JD saved by Apple but shackled at arms and legs to Apple by it and now this.

regulators should have a close look

Triple kneefall for Japan inc. Sharp is owned bij Taiwanese HonHai ( Foxconn), suppliers to Apple. Nice triangular deal for Apple and Foxconn that is.

With Japan Display is going to be foreign-owned, the last prestige of Japan Inc will be gone in the next few years.