Japan Display Hakusan Factory Stopped Operation September 13th 21:13

Japan Display, a liquid crystal panel manufacturer that has been restructured, has decided to suspend operations at the Hakusan Plant in Ishikawa Prefecture, which has been suspended until the end of this month, for the time being. In addition, it was made clear that over 1200 employees in Japan responded to the voluntary retirement that the company recruited.

Japan Display has announced that the Hakusan plant in Ishikawa Prefecture, which produces LCD panels for Apple in the US, will stop operating for three months until the end of this month, as the LCD business for smartphones continues to be sluggish. It was.

The company decided to decide whether or not to resume operation of the factory during that time, but because it was not expected to recover orders for LCD panels, it decided to suspend operation for the time being from next month.

The company will discuss with Harvest Tech, a Chinese investment fund that will receive financial support in the future, whether the Hakusan factory can be used as a production base for organic EL panels, and will conclude by March next year.

On the other hand, it was revealed that more than 20% of domestic employees responded to voluntary retirement recruited by the company for restructuring.

In the future, we will pay an extra retirement allowance, so we estimate that approximately 8.1 billion yen will be an extraordinary loss.