Japan Display discussing factory sale to Apple, Sharp – Nikkei

TOKYO (Reuters) - Japan Display Inc is discussing the sale of its key smartphone screen factory to Apple Inc and Sharp Corp for 70 billion to 80 billion yen ($730 million-$820 million), the Nikkei business daily reported on Friday. The cash-strapped company had said earlier this month that financial support of $200 million promised by "a customer", which sources said was Apple, may come in the form of purchasing equipment at the plant.

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