Japan Display IPOs

Japan Display technology

Japan Display technology

Japan Display, the company put together from the display businesses of Toshiba, Sony and Hitachi, is to IPO on March 19th.

70% of Japan Display is owned by the government-owned body Innovation Network Corp of Japan (INCJ).

INCJ is selling half it’s shareholding for $1.7 billion. It bought its 70% stake in 2012 for $2 billion.

Take the Electronics Weekly UK Salary Survey 2014 »
The IPO price of $9 a share puts a $4 billion value on Japan Display.

About 30% of Jana Display’s sales are to Apple.

The INCJ stepped in to form Japan Display when Sony, Toshiba and Hitachi were hit by a collapse in TV sales partly caused by the success of Samsung.

Tags: Hitachi, Japan Display, Toshiba

Related Tech News

Share your knowledge - Leave a comment