Apple supplier Japan Display secures bailout after funding shortfall
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TOKYO (Reuters) - Japan Display Inc said on Friday that a group led by Chinese investment firm Harvest Group had formally secured additional funding for a previously announced 80 billion yen (£589 million) bailout plan for the screen maker.Harvest would increase its investment, included a $100 million investment from a JDI customer, Japan Display said. A source previously said that customer was Apple Inc .The Japanese company said it planned to hold a shareholders meeting on Aug. 29 to..