Friday, May 31, 2019

Japan Display gets debt relief, says consortium to formalise bailout

The consortium, which includes Taiwanese flat screen maker TPK Holding Co Ltd and Chinese investment firm Harvest Group, will replace Japanese government-backed fund INCJ as Japan Display's biggest shareholder with a 49.8% stake. http://bit.ly/2JOPQBx

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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

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