JAPAN DISPLAY INC.TO SELL PART OF ITS PANEL PRODUCTION FACILITIES TO SHARP CORP.

Highlights –

• Japan Display Inc. to sell part of its panel production facilities to Sharp Corp.
• The panel production plant will be sold for $390 million.
• The company also plans to sell additional facilities to Apple for $85 million.
• The company is also expected to move a few dozen people at the factory to different positions.

The debt-stricken Japan Dis....