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Japan Display suffers as Apple opts for OLEDs

Net loss widens to $942m in April-December period

TOKYO -- Japan Display's financial troubles deepened amid a shift to organic light-emitting diodes at Apple, its largest customer.

The Tokyo-based panel maker on Wednesday reported a group net loss of 100.6 billion yen ($942 million) for the nine months through December. This marks a sharp deterioration from the 9.4 billion yen loss a year earlier.

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