Apple Lossless Audio CODEC (ALAC), makes a huge investment to ensure the future of phones iPhone at a time when the company has serious problems with global sales. More precisely, those from Apple are investing 100 million dollars in the Japan Display company to help it continue producing LCD screens, as it is close to bankruptcy.
Apple receives 60% of the current production of Japan Display, so it is to a certain extent dependent on the company, and invests in it to ensure its continued operation. Apple will also move screen production from China Display to Japan Display to help the company cover its losses and avoid bankruptcy.
Apple invested 1.5 billion dollars in 2015 in a factory of Japan Display, and has not yet recovered that money, but here it is making a new investment of 100 million dollars. Japan Display lost $2.6 billion last year after the smartphone industry switched from LCD to OLED screens, including Apple, but Americans are still interested in making it work.
"Apple has decided to invest US $ 100 million (approximately ¥ 10.7 billion) in liquid crystal panel major Japan Display (JDI), which is undergoing restructuring. For JDI, Apple is a major customer that accounts for 60% of its most recent sales. As the framework of financial support by the China-Taiwan business alliance breaks down, we will seek the support of major customers and establish a course of reconstruction."
