Japan Display in talks with Chinese companies for lifeline

[cirr]

Japan Display in talks with Chinese companies for lifeline

TOKYO -- Panel maker and Apple supplier Japan Display is holding talks with Chinese businesses and investment funds to ... Seeking financial help from China is likely to run into objections ...

https://asia.nikkei.com/Business/Bu...-in-talks-with-Chinese-companies-for-lifeline

 

[cirr]

Bad move on the Chinese part. This kind of company should let it die an honorable death.

 

[TaiShang]

Bad move on the Chinese part. This kind of company should let it die an honorable death.

Maybe the China side is interested in the patent pool they may have.

 

[oprih]

China to the rescue again? The japanese needs to be grateful, see even daddy usa can't save your company.

 

[IsaacNewton]

The problem with the Japanese economy starting from the 90's is they keep feeding 0 interest loan money to these "zombie companies."

They don't make money, they are suppose to go bankrupt, but it will lead to unemployment so the government just feed them and run up the national debt like crazy.