Japan Display (JDI) announced on April 10, 2023 that it had signed a memorandum of understanding (MOU) with HKC to create a strategic alliance to cooperate with respect to JDI’s next-generation eLEAP technology and fabs, a Global Innovation and Industrialization Center, and the high-end automotive display business. Following this, on June 30, 2023 JDI announced that JDI and HKC had agreed to extend the MOU discussions to September-end 2023.
However, JDI and HKC have agreed to end the broader MOU discussions and focus on collaboration in the high-end automotive display business.
- Rationale
Per the above, JDI and HKC have been in discussions to cooperate as global strategic partners with respect to JDI’s next-generation eLEAP technology and fabs, a Global Innovation and Industrialization Center, and the high-end automotive display business. However, given recent developments with respect to JDI’s growth opportunities, with the understanding and consent of HKC, JDI has decided to end the broader MOU discussions and focus on collaboration in the high-end automotive display business. - Earnings Impact
The impact of this change on JDI’s FY24/3 earnings is minimal. JDI and HKC are continuing their partnership discussions, so if any matters requiring further disclosure arise, JDI will promptly announce them.
Source
Memory
NEO semiconductor releases technology CAD (TCAD) simulation data for ground-breaking 3D X-DRAM
Semiconductor Packaging
Advanced packaging chessboard: Apple, TSMC, Amkor play the game
Computing and Software
STMicroelectronics accelerates Edge AI adoption to help companies transform their products
Computing and Software
CES world premiere: Bosch unites infotainment and driver assistance functions on one chip
Memory
JEDEC publishes new CAMM2 memory module standard
Display
VueReal commenced shipping of high-transparency and high-resolution AM-microLED displays
Compound Semiconductor
What’s next for the SiC and GaN markets?
Semiconductor Manufacturing
Applied Materials and CEA-Leti unveil joint lab for rapidly growing specialty chip markets
Semiconductor Manufacturing
Mycronic receives order for an SLX mask writer
Battery