Japan Display To Sell Screen Plant To Sharp For $390 Million, Repay Debt To Apple
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Japan Display said on Friday it has agreed to sell a smartphone screen plant in central Japan to Sharp Corp for $390 million, raising funds to repay debt it owes Apple Inc for the plant construction costs.
A thaw in relations between Israel and the United Arab Emirates has raised expectations of an influx of funding in 'Silicon Wadi', Israel's answer to Silicon Valley.
The JioPhone Next will be made available for purchase on Diwali (November 4) and users can purchase the smartphone for Rs 1,999 entry price and pay the rest in easy EMIs.
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