Long time iPhone supplier suffers financially from decision made by Apple

0
64

A major decision made by Apple has taken its LCD panel supplier Japan Display from the penthouse to the outhouse. Back in 2014-2015, when the Apple iPhone 6 and iPhone 6 Plus brought a new design and larger LCD screens to iPhone users, Japan Display started to build a new factory in the middle of the country. Citing sources inside Japan Display, Reuters reports that Apple gave the firm $1.5 billion to use for the construction of the new plant, to be repaid from some of the money that Japan Display would receive from sales of its panels.
As it turns out, Apple’s …

Go to Source