Japan Display Says It Has Lined up $828 Million Financing www.wsj.com

TOKYO—A financially strapped Japanese supplier to Apple Inc. that makes displays for the iPhone 11 said it has lined up financing of up to ¥90 billion ($828 million) from an investment fund with U.S. connections.
The proposed funding deal for Japan Display Inc., which still must overcome several hurdles, would stabilize Apple’s supply of liquid-crystal displays.
Apple is preparing to sell a lower-cost iPhone next year that would use LCDs, according to people familiar with the plans.