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Apple will release three OLED display iPhones in 2020, according to a new report from Taiwan's DigiTimes.

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.

In this year's iPhone lineup, only the iPhone XR sported an LCD screen, and the XR's reportedly less-than-exciting sales numbers couldn't have helped Japan Display's bottom line.

Some reports have previously reported that Apple will stick to the same screen sizes and display panels for 2019, including two OLED iPhones and one model with an LCD model. Digitimes notes that based on the capabilities of display suppliers at this point, Samsung Display will likely continue to be Apple's primary OLED supplier next year. However, since Samsung Display and LG Display have been the dominant players in all forms of OLED screens for years, Apple has been limited in the supply partners it can choose for Apple Watch displays.

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. Japan Display being attached to the rumor is a good thing for the company as it's profits have been hit hard as Apple has moved from LCDs to OLEDs for its devices.

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There should be no such argument that the iPhone XR, XS and XS Max only featured very marginal changes from the year 2017, and the year 2019 will see the same trend as well.

Japan Display's technology uses a slightly different manufacturing method and equipment from Samsung to avoid infringing patents held by the industry leader.

This is according to a report from Digitimes, which adds that the 2020 iPhone generation will introduce a smaller model as well.

The last true small phone from Apple was the iPhone SE, launched in 2016. That's obviously because the world's largest smartphone vendor makes the most sophisticated handset panels out there, lightyears ahead of LG or Japan Display's alternatives.

Iran congratulates Turkey on holding successful elections
Naturally, neither the victor nor the loser can accept the election result as an earnest reflection of the will of the people. Supporters of opposition Republican People's Party (CHP) celebrate after early results of the local election in Ankara.