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Will sell Taiwan manufacturing subsidiary Kaohsiung Opto-Electronics to Wistron Group.
July 14, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Japan Display Inc. (JDI) decided at its Board of Directors meeting to approve the signing of a term sheet between Wise Cap Limited Company, a wholly owned subsidiary of Wistron Corporation, an EMS to whom JDI outsources module manufacturing, JDI Taiwan, Inc. (JDIT), a wholly owned subsidiary of JDI, and Kaohsiung Opto-Electronics Inc. (KOE), a wholly owned subsidiary of JDIT. The term sheet specifies that JDIT, Wise Cap, and KOE will hold discussions to finalize the sale of all KOE shares to Wi...
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