US, Japan may partner with Japan Display for new US plant under investment package, sources say
The plan is aimed at strengthening U.S. Japan Display declined to comment. Its shares surged 80% on Monday, valuing the long loss-making company at 190 billion yen ($1.2 billion). The news was first reported by Nikkei Asia, which said the project was expected to be worth roughly $13 billion. The display project is among several deals under discussion between the United States and Japan, said one of the sources, who declined to be identified.Live Events Reuters has reported that the two sides are workin ...