Struggling Japan Display says state fund promises full financial support
By Makiko Yamazaki TOKYO (Reuters) - Japan Display Inc said its biggest investor, the state-backed Innovation Network Corp of Japan (INCJ), has pledged full financial support to the Apple Inc supplier as it seeks to replenish capital used up as smartphone sales slowed. The ailing display maker hopes to draw on what is effectively a government fund to weather future market swings, in particular lapses in demand for iPhones from Apple, whose products account for more than half of Japan Display's s
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