Appealing for help amidst weakening sales, Japan Display is said to be aiming for a total capital increase of 110 billion yen ($990 million) to play catch-up in the organic light-emitting diode (OLED) department and ensure yield.
Last year's iPhones consisted of two OLED models-the XS and XS Max-and the cheaper iPhone XR, which sports an LCD panel.
A report has outlined Apple's plans to release three iPhones in 2020, one of which will be a 5.42-inch smol boi. - The supply deal would mark Japan Display's foray into the OLED display market, the two sources familiar with the matter said, declining to be identified because they are not authorized to speak to the media.
The current Apple Watch Series 4 launched to much fanfare in part because of ECG functionality that can detect an abnormal heartbeat in a person. That's actually LG's business, which is soon expected to be shared with Japan Display.More news: Game Of Thrones "Aftermath" Promo Reveals Winterfell In Ruin
According to Reuters, Japan Display will supply the OLED screens for the Apple Watch later this year. Added to this is the widely-acknowledged fact that the iPhone XR hasn't sold well - and it has an LCD display.
The device with the smallest screen is likely to be the most affordable one, and it is likely that the cost of the device will be limited by using touch screen solutions offered by Samsung or LG.
Japan Display's technology uses a slightly different manufacturing method and equipment from Samsung to avoid infringing patents held by the industry leader.
If things go this way, that could mean a big change from the current iPhone lineup.
Digitimes also claims that its sources say that all of the new iPhones will be OLED by 2020, which is in line with other rumours. But is this really the iPhone SE 2 though? "Can Japan Display really compete with such a rival and make ends meet?"