Japan Display Inc. is that Apple’s $200M investment in the company has now been finalized. Rather than a cash injection, the iPhone maker is purchasing equipment to be used by the display maker.
In 2016, Japan Display Inc. used to manufacture LCD panel , those LCD display were being used by apple to manufacture their mobiles. But the technology had tend the trends from lcd to led , so the apple companies started using oled panels from LG ,samsung .
Japan Display found its LCD orders falling dramatically as smartphone manufacturers began the shift to OLED. The company didn’t have the capital needed to build OLED production lines, which are expensive to create, so needed $636M government bailout to keep the company afloat and let it finally invest in OLED. Apple’s $200M investment appeared to provide reassurance, as an asset manager then agreed to put in a futher $830M.