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Japan Display hit by Apple's OLED shift, soft China market

Panel maker expected to post its first operating loss since listing

Japan Display's net loss quadrupled in the first half of fiscal 2017, compared with the same period a year ago.

TOKYO -- Japan Display announced sluggish first-half results recently, as the maker of liquid crystal displays was hit by a shift to OLED screens in Apple's newest iPhones and slumping sales to Chinese smartphone makers.

The company said it posted a net loss of 68 billion yen ($596 million) for the first half of fiscal 2017, compared with a net loss of 16.7 billion yen for the same period a year earlier.

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