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Japan Display to cut 30% of jobs as smartphone market shifts to OLEDs

2017-08-09 14:33:00| Telecompaper Headlines

(Telecompaper) Japan Display announced a major restructuring with the loss of 30 percent of jobs at the displaymaker, in order to address the growing industry adoption of OLEDs instead of LCDs and increased competition from Chinese manufacturers. The expected adoption of an OLED screen by Apple for the next iPhone will lead to a 15-25 percent fall in sales in the current year to March 2018, the company said. 

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