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21.06.25 - 12:36
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JDI Vows Turnaround at Shareholders′ Meeting (Nippon)
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Tokyo, June 21 (Jiji Press)--Japan Display Inc., or JDI, director and former CEO Scott Callon told JDI shareholders on Saturday that the company will meet their expectations by returning to profitability as soon as possible. At the beginning of a general shareholders' meeting on the day, Callon said that his management skills were inadequate. He stepped down as CEO after JDI suffered the 11t......
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03.06.25 - 06:25
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Japan Display scraps Taiwan deal over geopolitical risks (Digitimes)
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Japan Display Inc. announced on June 2, 2025, that it will cancel its plans to invest in Taiwan's PanelSemi Corp., citing rising geopolitical risks within the semiconductor sector. However, the two companies will continue their joint development projects....
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15.05.25 - 11:36
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Struggling JDI to Cut 1,500 Jobs in Japan (Nippon)
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Tokyo, May 15 (Jiji Press)--Japan Display Inc., or JDI, said Thursday that it will cut about 1,500 jobs in Japan, or nearly 60 pct of its domestic workforce, as it has remained in the red for the 11th consecutive year. The same day, the struggling maker of small and midsize liquid crystal display panels reported a consolidated net loss of 78.2 billion yen for fiscal 2024, larger than the pre......
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15.05.25 - 04:06
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JDI to cut over 1,000 jobs in major restructuring, close Mobara plant by 2026 (Digitimes)
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Japan Display Inc. (JDI) confirmed plans on May 15 to lay off over 1,000 employees in Japan as part of a large-scale restructuring, according to reports from Nikkei Asia and Asahi Shimbun. With approximately 2,700 domestic employees as of March 2025, the move could slash the company's Japanese workforce by nearly half and reduce its global headcount—currently around 4,100—by nearly one-third....
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15.05.25 - 04:01
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JDI Eyeing Cutting Over 1,000 Jobs in Japan (Nippon)
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Tokyo, May 15 (Jiji Press)--Japan Display Inc., a struggling maker of small and midsize liquid crystal display panels, is considering cutting over 1,000 jobs in the country out of its domestic workforce of about 2,700, people familiar with the matter said Thursday. The job cut is part of JDI's restructuring efforts as the company posted a 10th consecutive year of net loss in the year ended i......
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18.03.25 - 08:30
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Japan government divest from JDI (Digitimes)
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INCJ, a public-private partnership overseen by the Japanese Ministry of Economy, Trade and Industry (METI), has disclosed that it has sold all its shareholding in Japan Display (JDI) via the market, incurring a loss of JPY154.7 billion (US$1.05 billion)....
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14.03.25 - 16:01
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150 B. Yen Left Irrecoverable after Japan Fund′s Aid for JDI (Nippon)
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Tokyo, March 14 (Jiji Press)--Government-backed fund INCJ Ltd. said Friday that it has completed the sale of its shares in struggling Japan Display Inc., leaving 154.7 billion yen of its investment and loans irrecoverable. INCJ, previously called Innovation Network Corp. of Japan, provided the liquid crystal display maker 462 billion yen in investment and loans, of which only 307.3 billion ......
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14.02.25 - 10:06
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JDI exits LCD production, pivots to OLED and advanced packaging with Taiwan partnership (Digitimes)
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Japan Display Inc. (JDI) announced a major restructuring plan that includes ending LCD production, transitioning to OLED manufacturing through partnerships, and expanding into advanced semiconductor packaging with Taiwanese firm PanelSemi. The company will cease LCD panel production at its main Mobara plant in Chiba Prefecture by March 2026, consolidating operations at its Ishikawa plant. This strategic pivot aims to help JDI break free from chronic deficits caused by intense competition in the display industry....
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