Things go from bad to worse for iPhone display maker

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The iPhone 6 Plus was Apple's biggest phone yet.
Japan Display is running into problems.
Photo: Ste Smith/Cult of Mac

Apple display maker Japan Display continues to suffer setbacks, with the latest being a fall in its share price after it was revealed that the company is seeking financial support from a Japanese government-backed fund.

Japan Display has been hit by the triple whammy of iPhone sales falling, a damaging rise in the Japanese yen currency, and seemingly betting on the wrong horse by hanging onto LCD technology for too long while rival companies were ramping up their OLED facilities for next year’s big iPhone refresh.

iPhone display maker takes hit as Samsung steals OLED orders

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Apple's OLED dreams are turning out to be a nightmare for some.
Photo: Jim Merithew/Cult of Mac

The rumors that Samsung is ramping up its OLED facilities bodes well for superior displays on next year’s iPhone refresh, but there’s one party that’s not quite so pleased: struggling Apple display maker Japan Display.

The reason? Because while other companies bet big on OLED, it seems that Japan Display doubled-down on its LCD technology — and may now be suffering the effects of its ill-timed decision.