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Manufacturer displays iPhone 8 and 8 Plus have suffered losses

Manufacture IPS displays for iPhone 8 and 8 Plus continues to Japan Display. The manufacturer has announced disappointing results in its quarterly report.

Japan Display is experiencing financial difficulties for a long time. According to the report, over the last half of 2017, the company suffered losses amounting to 596 million dollars because of poor sales of smartphones Apple.

According to forecasts of the chief financial officer Japan Display, Takanobu Oshima, sales of the iPhone 8 and iPhone 8 Plus will be low in the remainder of the fiscal year.

Despite the gradual move Apple in the direction of OLED, IPS displays will remain the main product Japan Display in the next few years. The company will focus its efforts on developing solutions to the full screen occupying the entire front panel of the smartphones, called “Full Active”. Success will depend on whether the manufacturer to bring Apple’s attention for further cooperation.

Earlier it was reported that LG Display profit rose due to high demand for the iPhone.

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