A Japan-based display maker is struggling because of sluggish iPhone sales. Apple has shown willingness to help.
TOKYO—Apple Inc. has shown a willingness to help a Japan-based display maker that is struggling because of sluggish iPhone sales, said people involved in the discussions, characterizing it as an unusual show of consideration toward a supplier.
Japan Display Inc., which makes liquid-crystal display panels for the iPhone XR, is running out of cash amid weaker-than-expected sales of the handset. On top of that, an investor group’s bailout package of more than $700 million was thrown into limbo this week.
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