Hon Hai will indirectly grasp the JDI equity market is expected to win Apple orders

Apple iPhone main panel supplier - Japanese small and medium size panel leading Japan Display Corporation (JDI) reported financial embarrassment, foreign reports, Japanese government intends to invite SHARP shares JDI, to improve JDI operation, but not further disclose the investment ratio and the amount of.

The Hon Hai has completed the injection of SHARP, is the largest shareholder of SHARP, if SHARP shares JDI, not only makes an alliance the two companies will also increase the probability of Foxconn, indirect master JDI stake in the world panel manufacturing scale and R & D technology leading group, "Taiwan day kanghan panel forming factory hands" of the situation more than apple panel orders of Hon Hai chairman Terry Gou to fight for, early pocket.

Japanese media, Kyodo News reported, JDI has been mainly to Mitsui and Mitsui, Mizuho Sumitomo Sumitomo trust bank three financing requirements, the amount of up to 50 billion yen (about NT $15 billion yuan), the main factors that influence the customers of apple iPhone sales slowdown and other factors, resulting in serious deterioration of business environment, funding, so expected to bank for financial aid, to ensure funding.

Reported that the largest shareholder of the JDI "Industrial Innovation Agency (INCJ)" is expected to in September 26th when the week began in JDI long-term aid matters for internal consultation, the three banks will wait for the JDI INCJ attitude, however, between JDI and bank financing negotiations will ultimately be dystocia. INCJ currently holds approximately 39.2% stake in JDI, is the largest shareholder.

The market came out, the Japanese official for the early improvement of JDI's financial situation, intends to invite SHARP shares JDI. As the vice president of SHARP and Hon Hai president Dai Wu is at the end of August had called for, Japanese authorities should come forward to create "Japan alliance".

If the board is expected to condense the Japanese technical energy, Hon Hai group can shorten the time SHARP entered the apple panel supply chain, reviving the Japanese panel industry.

Japan's leading news network JBpress reported that JDI is facing the financial cliff, in order to improve the operation of the major shareholder of the Japanese government, not to release some of the shares released to SHARP, so that JDI, SHARP alliance cooperation.

JDI losses are continuing to expand, the March 2015 fiscal year loss of 12 billion 300 million yen, accounting for the fiscal year in March 2016 to expand the loss of up to $31 billion 800 million in the latest quarter (from April 2016 to June) revenue decreased by 30%, a loss of 11 billion 700 million yen.

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