Japan Display has been reportedly in talks for funding from Taiwan’s TPK Holding Co and China’s Silk Road Fund in exchange for a stake of around 30 percent.
The Wall Street Journal, citing people familiar with the matter, described the talks as “advanced”.
Japan Displaydeclined to comment.
The Apple LCD supplier has struggled with losses due to competition from cut-price Chinese players and slowing growth in smartphone demand. JDI has also delayed the adoption of organic light-emitting diode (OLED) screens, as Apple opted for such screens for its iPhoneX and bought them from rival Samsung Electronics.
Japan Display’s biggest investor is the the Japanese government-backed INCJ fund.