Japan Display Inc. 6740

Micron Technology (NasdaqGS:MU) is reportedly in talks to acquire a Japan Display LCD plant in Japan. The potential deal would add assembly and testing capacity for advanced chips beyond Micron's existing memory operations. The move would represent an expansion of Micron's manufacturing footprint in a key Asian production region. Micron Technology comes into this reported deal after a very large 3 year share price gain and a strong move over the past year, with the stock up 305.2% across 12...

The Japanese and American governments are considering setting up a new display factory in the U.S. that would cost $13 billion, a small part of a bigger $550 billion investment framework. This factory is being proposed by Japan Display Inc., a struggling display firm that has seen better days since Apple switched to using OLED screens in the iPhone.

Tokyo and Washington are looking at building a display factory in the U.S. in partnership ‌with Japan Display as part of Japan's planned $550 billion investment package, two ‌sources with knowledge of the matter said on Monday. The plan is aimed at strengthening U.S. display ​manufacturing amid Washington's concerns over reliance on China for display technologies used in military systems at a time when fierce price competition has pushed most Japanese manufacturers out of the market. Japan Display declined to comment.