Japan Display reported on Wednesday an 11th consecutive quarterly net loss on sl...
FILE PHOTO: Japan Display Inc's logo is pictured at its headquarters in Tokyo, Japan, August 9, 2016. REUTERS/Kim Kyung-Hoon/File Photo
The liquid crystal display maker for smartphones, which gets more than half of its revenue from Apple, posted a net loss of 25.4 billion yen in the July-September quarter, wider than the 7.8 billion loss a year earlier. But CEO Minoru Kikuoka, who took the helm in September, told an earnings briefing the company turned profitable in October.
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