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© KYODOHong Kong fund to provide up to $180 mil aid to struggling Japan Display
TOKYO©2024 GPlusMedia Inc.
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© KYODO
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Cricky
That's embarrassing
Travelmaster
Companies that can not compete in price competition with other companies are difficult to survive. It shows the stock price.
mmwkdw
So Japan Display becomes a Chinese Company and falls foul of US - China relations ?
geronimo2006
A lot of times I see someone holding an iphone its got a cracked screen. Surprised Apple didnt change earlier. Would be going bankrupt if they sold a superior product. Bit odd China money going after it.
Travelmaster
It has been treated as a cutting edge technology company, but this company becomes a normal company. To be honest, the Ministry of Economy, Trade and Industry was also busy handling this company. Hong Kong (China) acquired an OLED panel manufacturing company. That's all.
Sha
Is this HK's money or China's money? I hope Japan Inc think hard on this. It's embarrassing thinking that they've been lending money and/or giving out aids, China included, and now this?! The company was formed through a deal brokered by the government, most probably received tons of stimuli funded by the poepel's taxes, and then gets mismanaged by its highly-paid CEOs?!