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The world’s biggest maker of displays for smartphones is going public

By Alfie Joshua1 min readGoogle News

A last-ditch attempt to revitalize Japan’s ailing display market seems to be paying off. Japan Display, a joint venture between Sony, Toshiba, and Hitachi’s former display units, is planning to raise up to $4 billion in a public offering this year, the Wall Street Journal reports. The company is a Frankenstein’s monster of display talent, made up of the display assets from the aforementioned Japanese companies, each of which were struggling to stay afloat on their own.

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