Japan Display saga: consortium in doubt; iPhone 11 helps; Apple may assist

9to5Mac:

The never-ending Japan Display saga continues today, with a report that the rescue plan is once again in doubt — though there is some good news for the company in the form of iPhone 11 orders.

Japan Display has long been a LCD supplier for Apple, but was very late to diversify into OLED.

Nikkei Asian Review reports that the rescue plan is once again in doubt as the company leading the bailout has reportedly pulled out. That potentially also put Apple’s investment in doubt, as that was coming via Harvest — though a separate Wall Street Journal report suggests that the Cupertino company may actually increase its stake.

This company seems so important to Apple, I’m surprised they simply haven’t bought it.