LCD screen iPhone XR sales are weak, Japanese media reveal that JDI still owes Apple about $1.5 billion
The trend of folding screen mobile phones has really added a fire to the stock prices of LCD for Samsung panel manufacturers, but on the other hand, traditional LCD panel manufacturers are not easy.
According to the Japan Times report, in 2015, Japan Display Inc. (hereinafter referred to as JDI) broke ground on a new factory in central Japan. For this reason, Apple JDI paid US$1.5 billion for help. In return, JDI will pay Apple a certain percentage of screen revenue. However, after four years, market changes almost paralyzed JDI's market performance.
LCD for Samsung has become a popular choice for flagship phones
According to sources from the company, JDI still owes Apple most of the construction costs. He declined to disclose the specific amount. Two people familiar with the matter pointed out that JDI is seeking financial help from China. This transaction will allow the Chinese group to obtain a nearly majority stake in exchange for an investment of 500 million to 700 million US dollars. The group plans to use Japanese display technology to build OLEDs in China. Panel factory.
JDI’s predicament shows that the weak iPhone sales and the weak smartphone business market are causing pain for the entire Asian electronics supply chain.
'It is very cost-effective to mass-produce components of one model (iPhone),' another Apple parts supplier believes, 'At the same time, we face a huge risk of volatility.'
JDI has established partnerships with other smart phone manufacturers, including China's Huawei, OPPO and Mi. But with weak sales growth, Chinese companies turned to domestic panel manufacturers, such as BOE and Tianma Microelectronics, which also greatly improved their screen quality.
According to research institute IHS Markit, JDI provided nearly one-third of Huawei’s smartphone screen components in 2015, but as Chinese companies turn to BOE and Shenzhen Tianma, JDI's share fell to 4% in the third quarter of last year.
JDI was established in 2012, led by the Japanese government, and merged with the display divisions of Sony Corporation, Toshiba Corporation and Hitachi Corporation. Although the new CEO Nobuhiro Higashiiriki announced a full shift to OLED. But the company has fallen behind its competitors and still needs more cash for LCD for Samsung investment. As the only LCD screen this year, the iPhone XR sales were weak, which once again hit JDI.
'We have no other choice,' a source at the company said, adding that the Japanese government has been silent on JDI's rescue plan. 'They may argue that when Chinese panel makers are adding more display devices, display technology is not something that Japan must keep and protect.'
Additionally, Kimeery (HK) Industrial Limited has a few new features planned to roll out in the app to provide more convenience, comfort and options to our clients.
Kimeery (HK) Industrial Limited is committed to attracting, developing, and keeping a diverse work force that reflects the nature of our global business.
Kimeery (HK) Industrial Limited's core technology of mobile phone lcd display enables us to understand and utilize in a right way.
Cell phones are an essential part of our daily lives. Can You Warranty Your Phone for a Cracked mobile phone LCD Screen?
Smartphones have become an integral part of our lives today.
Samsung is one of the most well-known names in the world of mobile phones.
Samsung Galaxy S4 was a hit in the market, and its users have been happy with its features and performance. Does LCD Phone Screen Hurt Your Eyes?
With the increasing usage of smartphones in our daily lives, the amount of time we spend staring at a screen has also increased.
We all know the sinking feeling of dropping our cell phone in water. Introduction:
An LCD screen on a phone is the most delicate and vulnerable thing that can easily break due to falls or mishandling.
It is frustrating to have a burned LCD screen on your phone. How to Fix Shadow on LCD Screen Samsung Phone
Samsung is among the top and most popular brands in the smartphone industry.
Accidents happen, and one of the most common ones affecting mobile devices is a cracked or broken LCD screen. Introduction:
If you're wondering where the LCD on your phone is, you've come to the right place.
If youre using a Samsung M20, you must be familiar with the importance of having a proper screen. How Much to Fix mobile phone LCD Phone Screen at Apple: Everything You Need to Know
It's no secret that a cracked or broken phone screen can be a major inconvenience.
If you have ever broken your phone screen, then you know the feeling of despair that comes along with it. Introduction:
There is nothing more frustrating than cracking the screen of your expensive smartphone.
Cellphones are an essential part of our daily lives. How to Break the mobile phone LCD in My Phone Screen
Have you ever found yourself in need of breaking the mobile phone LCD in your phone screen? Maybe you are looking to upgrade or switch to a new phone, or perhaps you just want to cause some damage to your old device.
We all know how important our cell phones are to us. Mobile phones are a necessity in today's world.
info@kimeery.com