Apple's commitment to financially support Japan Display has reassured potential investors, sources familiar with the deal said
While OLED panels are slimmer, more energy-efficient and offer higher contrast, JDI's liquid crystal displays will retain a price advantage that keeps them competitive in smartphones through 2021
The group will inject a combined 80 billion yen by buying shares and bonds.
The company has said it is seeking capital to begin mass-producing OLED screens
The funds will allow Japan Display to invest in advanced screens for cars and gaming headsets