Monday, 09 November 2015 13:02
TOKYO: The head of smartphone screen maker Japan Display said he would not turn down a partnership with embattled rival Sharp Corp amid talk that its top investor, a state-backed fund, wants a tie-up between the two companies.
Sources have said the fund, Innovation Network Corp of Japan, was considering investing in Sharp’s LCD unit to form a partnership with Japan Display.
Japan Display Chairman Mitsuru Homma said on Monday such a move was not currently being discussed, but he would “not say no” if the fund decided on a partnership between the company and Sharp.
