Japan Display says bailout from Chinese group to be delayed

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Japan Display says bailout from Chinese group to be delayed
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Japan Display says bailout from Chinese group to be delayed as the investor group wants to reassess the ailing display maker’s business

FILE PHOTO: Japan Display Inc's logo is pictured at its headquarters in Tokyo, Japan, August 9, 2016. REUTERS/Kim Kyung-Hoon/File Photo GLOBAL BUSINESS WEEK AHEAD

The investment is crucial for the cash-strapped smartphone screen maker that has been hit by Apple Inc’s slowing iPhone sales and delayed adoption of organic light-emitting diode screens.

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