JDI's products are still dominated by LCD panels, which reported a net loss of 32.6 billion yen ($ 304 million) for the quarter from October to December, compared with a net profit of 7.3 billion yen for the same period last year .
According to the Thomson Reuters survey, four analysts on average expect JDI loss for the quarter to 303.2 billion yen.
JDI has been losing money for the past three years, and half of the company's revenue comes from sales of LCD panels for Apple.
However, Apple's high-end iPhone X has turned to OLED panels, with only Samsung launching production of smartphones OLED panels.
In response to the sales downturn, JDI is cutting costs, and the company plans to streamline the production line and lay off 30% of its workforce, resulting in an additional loss of 170 billion yen this fiscal year.
The company is also considering seeking financing from new investors to catch up with its competitors in the OLED space, which JDI plans to mass-produce its smartphones' OLED panels by 2019.