Japan Display, a liquid crystal panel maker, introduced that it’ll promote its manufacturing facility in Aichi Prefecture, which can finish manufacturing this month, to a semiconductor producer of the Sony Group.
According to the announcement, Japan Display will promote the manufacturing facility constructing and gear in Higashiura-cho, Aichi Prefecture to Sony Semiconductor Manufacturing, a semiconductor producer of the Sony Group.
The constructing and gear shall be handed over in April subsequent yr, and the sale worth has not been disclosed.
This manufacturing facility was established in 1997 and produces small liquid crystal panels for digital cameras, and so on., however because of the unfold of smartphones and different elements, demand has fallen, and manufacturing is scheduled to finish this month. I used to be on the lookout for
Employees who had been working on the manufacturing facility shall be transferred to different areas to take care of employment.
On the opposite hand, Sony’s semiconductor subsidiary has already rented a part of this manufacturing facility to provide ultra-compact natural EL shows utilized in digital cameras, and so on., and can proceed to provide such merchandise even after buying the manufacturing facility. We will take into account using the bought buildings and services sooner or later.
Japan Display has been within the purple for eight consecutive years till final yr, and is aiming to enhance its monetary state of affairs by promoting the manufacturing facility.