Key Apple Supplier Raising $200 Million From Unknown ‘Customer’

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A key Apple supplier, Japan Display, has raised $200 million from a “customer”, Reuters reported.  There is speculation that the unknown source of cash was, in fact, Apple itself.

The $200 [sic] fund will come in the form of the customer purchasing equipment at Japan Display’s main smartphone screen factory in central Japan, the company said in a statement. As Japan Display owed Apple more than $800 million as of last year for the $1.5 billion cost of building the plant, the fund to be raised would be used for repayment, the sources have said.

Check It Out: Key Apple Supplier Raising $200 Million From Unknown ‘Customer’

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