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Japan Display Ceo Says Sorry As Outlook Slashed Again - Yahoo Finance

Chief Executive Shuichi Otsuka apologised for disappointing investors after Japan Display on Thursday forecast a full-year net loss of 12 billion yen ($104 million). That is worse than its outlook in October when it slashed an earlier 26.8 billion yen profit forecast to a loss of 10 billion yen. The company was formed in 2012 following the merger of the display units of Sony Corp, Toshiba Corp and Hitachi Ltd. Its IPO in March was met with a massive sell-off as investors fretted over falling screen prices and the company's dependence on Apple. While LCD screen prices have been weak this year, strong results from rival Sharp Corp recently have suggested that Japan Display's woes may be company-specific, analysts say. Sharp said this month that its smartphone screen shipments may exceed its earlier expectations due to growing business in China. By contrast, Japan Display swung to a second-quarter net loss of 11 billion yen from a profit of 2 billion yen a year earlier. Sharp has also been helped in particular by a strong relationship with fast-growing budget smartphone maker Xiaomi Technology Co Ltd in China. Otsuka said Japan Display began doing business with Xiaomi in the second quarter, and forecast sales to Chinese smartphone makers would improve in the second half.
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Usa Vs. Colombia Live Stream: Time, Tv Schedule And How To Watch Online -


He's still dealing with seemingly chronic knee problems. Los Cafeteros are also without goalkeeper David link Ospina, so their three keepers have two caps between them. There appears to be a changing of the guard in the Colombia defense, with their three most veteran players having been left out, along with Camilo Zuniga and Carlos Valdes. Key player - James Rodriguez ( Colombia ) Could Kim Kardashian it be anyone else? original site The World Cup Golden Ball winner is starting to settle in at Real Madrid and has shown flashes that he might eventually justify the gigantic amount of money spent on him. And even if he never does that, he's still the best player participating in this match, and by some distance.

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