As stated by the report, Apple will continue to roll out three models following the screen technologies and sizes of the three phones launched in 2018 which are two OLED models (iPhone XS and XS Max) and one LCD model (iPhone XR).
Shares of Japan Display rose as much as 16 percent in early trade on April 1 and were up 13 percent at 78 yen as of 0211 GMT.
While the report doesn't specify which Apple Watch models will get Japan Display screens this year, it's likely that the deal concerns the next-gen models, the Apple Watch Series 5. Digitimes offers up three oddly-specific sizes of 5.42 inches, 6.06 inches, and 6.67 inches, representing a departure from the current 5.8-inch iPhone XS, 6.1-inch iPhone XR, and 6.46-inch iPhone XS Max, and suggesting that some significant design changes may be in store for next year.
If true, this would mark the first time that Japan Display Inc has moved into the OLED market.
The latest iPhone models launched six months ago, but many fans are already looking forward to the upcoming devices, iPhone 11 lineup.
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Apple is reportedly upgrading its iPhone technologies to come up with the Samsung as well as other brands technological progress.
The Apple Watch is the best-selling wearable out there, with the Series 4 models delivering more advanced health features than any of its predecessors.
Japan Display, formed in 2012 in a government-backedmerger of the ailing display units of Sony Corp, Toshiba Corp and Hitachi Ltd, flagged its fifth straight year of net losses in February.
Japan Display's technology uses a slightly different manufacturing method and equipment from Samsung to avoid infringing patents held by the industry leader. The wireless charging case option feature in the AirPods 2 backs Kuo's statement regarding the future iPhone's reverse wireless functionality.
There has also been a report that Apple will also be phasing out LCD displays by the year 2020. While shipments aren't necessarily the same as sales (although Apple is generally good at forecasting), this sounds like it could be another year-on-year decline in overall iPhone business.