Apple display maker Japan Display revealed today that it has signed a 232 billion yen ($2.1 billion) deal that will bail-out the struggling company. The deal gives a Chinese-Taiwanese conglomerate a 49.8% stake in the company, making it the biggest shareholder. Previously, Japan Display was majority backed by the Japanese government-funded INDJ fund. The Japanese […]

(via Cult of Mac – Tech and culture through an Apple lens)