TOKYO: Japan Display reported an 11th consecutive quarterly net loss on sluggish display sales and restructuring costs as the cash-strapped company scrambles to clinch a bailout deal with Apple Inc and other investors.
The liquid crystal display (LCD) maker for smartphones, which gets more than half of its revenue from Apple, posted a net loss of 25.4 billion yen (US$233mil) in the July-September quarter, wider than the 7.8 billion loss a year earlier.
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