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Japan Display to Come under Chinese-Taiwanese Consortium

Japan Display to Come under Chinese-Taiwanese Consortium

   Tokyo, April 12 (Jiji Press)--Japan Display Inc. <6740> on Friday announced a capital reinforcement plan that will effectively place the struggling maker of small and midsize liquid crystal display panels under the control of a Chinese-Taiwanese consortium.
   The plan calls for a capital increase of 117 billion yen, including up to 80 billion yen of investment from the Suwa Consortium, formed by Taiwanese touch panel maker TPK Holding Co. and Chinese and Taiwanese investment funds.

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