Apple supplier JDI says it is developing more power-efficient and easier-to-produce OLED screens.

On July 20, JDI Inc., a semiconductor display technology company and Japanese display company, said it was developing sharper, more power-efficient and easier-to-produce OLED screens, according tomedia reports.

Apple supplier JDI says it is developing more power-efficient and easier-to-produce OLED screens.

JDI CEO Minoru Kikuoka revealed the news in an interview. Kikuoka also said it was in talks with customers about a possible joint investment in the next generation of OLEdDs( organic light-emitting diodes.

Kikuoka also said that we have no intention of engaging in capital expenditure wars with competitors and that (customers) have shown great interest in commercializing with us.

JDI supplies LCD panels for the iPhone, and 60% of the company’s revenue comes from Apple. But the company fell behind in the project to shift to olED panels.

JDI’s fiscal 2019 revenue was 504 billion yen (33 billion yuan), down 20.8 percent from a year earlier, according to the results. JDI lost 101.4 billion yen ($6.64 billion) in fiscal 2019, its sixth consecutive loss.