The company Japan Display is trying to reduce dependence on Apple
According to the source, the manufacturer displays Japan Display is trying to reduce dependence on Apple orders. He can run the business trend of diversification necessary in conditions, when Apple reduces the number of Assembly orders for the iPhone.
Now that 53.7% of revenue Japan Display gets through Apple. This makes the Japanese manufacturer displays the third level of dependency on Apple supplier of electronic components.
The financial difficulties the company may soon receive approximately $ 900 million from the Japan Fund with state participation Innovation Network. To help benefit, the manufacturer will cease to focus on the production of displays for mobile devices, strengthening through this its position. The company expects that by 2021, the displays for mobile devices will bring no more than 50% of income. Promising areas called displays for VR headsets.
Source: The Street