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The bailout comes as sales of new iPhone models - many of which use newer organic light-emitting displays (OLED) - have left Japan Display’s new factory that makes liquid crystal display (LCD) panels running at half capacity. Japan Display expects to post its fifth straight year of net losses in the year ending this month, as disappointing sales of Apple’s iPhone XR, the only model with an LCD screen, dashed hopes for a turnaround. The Apple business accounted for more than half of Japan Display’s revenue over the last four years.

Kikuoka said at the briefing, without naming Apple, that Japan Display still owes its client about 100 billion yen, The U.S, tech giant fronted most of the $1.5 billion construction costs for a new LCD factory three years ago, “We discussed with our client, including that (repayment) issue as well, before we reached the agreement,” Kikuoka said, Under philadelphia eagles cufflinks the latest deal, Japan Display and Harvest Tech, part of the buyout group, are planning to jointly produce OLED panels, used in top-end iPhones, Japan Display said..

FRANKFURT (Reuters) - Deutsche Bank’s current Chief Executive Christian Sewing and Chairman Paul Achleitner would continue to lead the bank if it merges with Commerzbank, a German magazine reported on Friday. Der Spiegel, citing no sources, reported that Commerzbank’s CEO Martin Zielke would serve as deputy CEO of the combined group in charge of private and corporate banking. Both banks declined to comment. If the banks merge, Garth Ritchie of Deutsche Bank would continue to lead the investment bank, Spiegel reported.

(Reuters) - SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month, The Japanese entrepreneur is placing a $60 billion bet in more than 40 companies in a bid to philadelphia eagles cufflinks steer the $3 trillion global automotive industry now dominated by vehicles people own and drive to a spectrum of transportation services available at the touch of a smartphone app, Those services range from ride hailing and car sharing to delivery robots and self-driving vehicles..

The extent of those investments, based on a Reuters analysis of publicly available data and interviews with a dozen sources familiar with SoftBank’s investment strategy, has not previously been reported. They show how Son has emerged as one of the power players trying to influence how people and goods move about the world in the coming decades. Graphic: Softbank's future mobility investments, click tmsnrt.rs/2UQXn4F. Key partners in Son’s quest are Uber, the U.S. ride services leader, and Japan’s Toyota Motor Corp.

Uber’s planned initial public stock offering in May is expected to value the company at $90 billion to $100 billion, representing a potential windfall to SoftBank, which put $8 billion into Uber for a 15 percent stake philadelphia eagles cufflinks in January 2018, The rising value of that investment will further supercharge Son’s growing clout in the sector, and eventually provide him with additional capital to invest in mobility, Closer to home, Toyota approached Son more than a year ago about a partnership, and SoftBank in February 2018 signed a memorandum of understanding with the automaker to consider how they might jointly develop mobility services, according to sources familiar with the document, The agreement was followed by the launch of a joint venture dubbed Monet Technologies, designed to set up automated mobility services..

SoftBank and Toyota are also in talks to co-lead a $1 billion investment in Uber’s self-driving unit, Reuters reported in March. While the deal is close to being finalized, discussions remain ongoing around issues such as how much of the unit SoftBank would control, sources told Reuters. Toyota declined to comment for this story. In an interview with Reuters, SoftBank Group Chief Operating Officer Marcelo Claure said that the two Japanese companies “have a lot sessions in which we think and we try to redefine the future of mobility.”.

Central to those sessions are discussions about how Toyota and SoftBank can collaborate to bring autonomous vehicles to Japan, he said, Son has been working since 2014 to weave together a tapestry of diverse transportation bets, His deep portfolio of investments range literally from A to Z: From Arm, a British semiconductor philadelphia eagles cufflinks maker that Son acquired in 2016 for $32 billion, to Zume Pizza, a Silicon Valley startup that aims to automate pizza delivery and raised $375 million last year from SoftBank..

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