HomeLatestSlump Exposes Limits Of State-Backed Revival

Slump Exposes Limits Of State-Backed Revival

Japan Display (JDI), fashioned in 2012 via the merger of Hitachi, Toshiba, and Sony’s small and medium-sized LCD panel companies, was as soon as celebrated because the “Hinamaru LCD” and symbolized Japan’s nationwide satisfaction within the sector. By the fiscal yr ending March 2016, its gross sales neared 1 trillion yen. However, its fortunes quickly reversed, and it has now posted losses for eleven consecutive years. (News On Japan)

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