JDI wants Apple to Invest in Screen Plant

There have been unconfirmed reports that Japan Display (JDI) is in talks with Apple about investing in a new plant to manufacture screens for Apple iPhones and possibly for the Apple Watch.

According to a report in Reuters, JDI is aiming to become Apple’s primary supplier of iPhone screens and is negotiating with Apple to make a substantial investment in the new facility. The plant, which is most likely to be built in Ishikawa, central Japan, will cost around $1.7 billion and would start operating next year. It would have a greater capacity than JDI’s existing plant in Mobara which produces 50,000 1.5×1.8 metre substrates a month for making iPhone screens.

Apple is also reported to be negotiating a new deal with its long standing supplier Foxconn, which plans to construct a $2.6 billion facility in China to help ramp up production for Apple products in the country.