March 30, 2026 /SemiMedia/ — Micron Technology is in talks to acquire a shuttered LCD plant from Japan Display Inc. (JDI) in Japan, with plans to convert the site into a semiconductor assembly and test facility, according to people familiar with the matter.

The potential deal highlights Micron’s effort to strengthen its backend capacity in Japan as demand for advanced memory continues to rise, driven by artificial intelligence applications. The company is expanding its presence in the country, where it already operates a major DRAM production site in Hiroshima.

JDI said it is still in discussions with multiple parties and no final decision has been made. The plant, located in Mobara, was shut down in late 2025 as part of the company’s restructuring plan. A sale could reach tens of billions of yen if completed, market sources said.

For Micron, securing a local site for assembly and testing is seen as a practical step to support future output, especially as it ramps up production of high-bandwidth memory (HBM). The company is also investing heavily in new facilities in Japan, with a next-generation fab expected to come online later this decade.

Industry analysts note that former LCD plants can be repurposed for semiconductor use due to existing cleanroom environments and controlled infrastructure, which can reduce conversion time and cost.

JDI, which has been hit by weak display demand, is consolidating operations to cut expenses. The disposal of non-core assets, including the Mobara site, is part of its broader effort to stabilize finances.