Apple supplier Japan Display Inc on Tuesday reported its first quarterly net profit in more than three years, boosted by asset sales.
FILE PHOTO: Japan Display Inc's logo is pictured at its headquarters in Tokyo, Japan, August 9, 2016.
Kim Kyung-Hoon/File PhotoNet profit for the three months ended March was 9.4 billion yen , versus a 96.7 billion yen loss a year earlier. It last reported a net profit in the October-December quarter of 2016.It also said it would delay handing over production equipment at Japan Display's main smartphone screen factory in central Japan to"an overseas customer," which sources have said is Apple.
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