Japan Display Confirms New $1.4 Billion LCD Manufacturing Plant

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Posted March 6, 2015 at 7:20pm by iClarified

Japan Display has confirmed that it will build a new $1.4 billion LCD manufacturing plant which Apple will reportedly invest in, says Reuters. The plant would supply smartphone screens for Apple, according to a source.

The company did not name Apple, in line with its policy of not identifying clients. A person familiar with the matter said Apple would also invest an unspecified amount in the plant, which would further the Japanese screen maker's aim of becoming the primary supplier of high-tech screens for iPhones.

While investment details are still confidential, the plant will be built in Ishikawa, central Japan for a cost of about 170 billion yen. Japan Display hopes to start operations in 2016 and notes that the plant will increase its LCD capacity by 20%.

Earlier reports had pegged the cost of the factory at $1.7 billion.

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Japan Display Confirms New $1.4 Billion LCD Manufacturing Plant

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gamerscul9870 - March 7, 2015 at 10:04pm

Because some companies that produce smaller but powerful parts have expanded from the Asian world. America focused on bigger stuff like life-sized stuff.

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damright - March 8, 2015 at 3:35am

Apple brings home the bacon

Andrew9763 - March 6, 2015 at 8:42pm

Well this would be great. So many people like to point out that Samsung makes the displays for the iPhone. I would have moved my business away from Samsung long ago. I'm sure that was part of the plan all along but I guess it takes time. Enough of this helping the competition with ideas just to later be blamed for copying them lol.

gamerscul9870 - March 6, 2015 at 8:54pm

Well said! Lawl