Apple supplier Japan Display cannot promise return to profit, bailout worries stay
Japan Display Inc's logo is pictured at its headquarters in Tokyo, Japan, August 9, 2016. REUTERS/Kim Kyung-Hoon/File Photo/ TOKYO (Reuters) - Cash-strapped Japan Display warned it cannot guarantee a return to profit this year as demand for smartphone screens stays weak, and turned in yet another quarterly loss, casting doubt over its proposed bailout deal with a Chinese-Taiwanese group. The supplier for Apple Inc also said it would slash about 1,000 jobs, or a tenth of its workforce, as it continues to bear the brunt of its late shift to ...
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