(Reuters Breakingviews) - Japan Display’s rescue is an embarrassing necessity fo...
FILE PHOTO: Japan Display Inc's logo is pictured at its headquarters in Tokyo, Japan, Aug. 9, 2016. REUTERS/Kim Kyung-Hoon/File Photo
Japan Display was created with government funds in 2012. The idea was to fend off South Korean and Taiwanese rivals by merging Hitachi, Sony and Toshiba’s liquid-crystal display units. The deal created the world’s biggest maker of panels used in smartphones and tablet computers, but the company failed to stay competitive. It has lost money every year since 2015.
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