Struggling Japanese panel manufacturer looks to shore up finances
Japan Display has been closing domestic plants as part of structural reforms stemming from declining panel sales. (Photo by Yuka Konishi)
FUMIE YAKU and NOBUHIRO TANAKA
TOKYO/CHIBA, Japan — Japan Display (JDI) is in negotiations with Micron Technology to sell a major LCD panel production facility in Japan, under plans revealed on Thursday, with the U.S. memory maker reportedly looking to use it for chip assembly and testing.