
TOKYO -- iPhone supplier Japan Display will take 170 billion yen ($1.5 billion) in special charges for the current fiscal year through March, as part of a sweeping move to restructure its loss-making liquid crystal display operations, the company announced Wednesday.
The major manufacturer of small LCDs for smartphones also reported a net loss of 31.5 billion yen ($286 million) for the April-June first quarter, far larger than the loss of 11.8 billion yen it posted a year earlier.