TOKYO : Japan Display Inc said on Monday it has formed an alliance with China's HKC Corporation Ltd to cooperate on next-generation OLED technology, chip fabrication, and auto displays, sending the Japanese company's shares 10.5 per cent higher.
Japan Display is planning more than one plant under the alliance with HKC, Chief Executive Scott Callon told a briefing, adding the tie-up would bring together Japan Display's technology and HKC's cost competitiveness.
Source: News Formal (newsformal.com)
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