apple inc AAPL is ready to make his biggest Apple watch even bigger and could reportedly launch as early as next year.

What happened: The Cupertino-based tech giant makes its Apple Watch Ultra much larger. The device could see a 10% magnification of the display, a new report from supply chain source DigiTimes showed. reported 9To5Mac.

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Developments are in the works and the company could unveil the new watch in 2024.

Currently, the Apple Watch Ultra has a 1.93-inch display — the largest display of any Apple Watch model — and that could grow to as much as 2.1-inches.

This development is part of Apple’s planned transition to micro-LED displays – which would start with the Watch Ultra and later expand to other products.

Last month, Haitong International Tech Research analyst Jeff Pu said the tech giant plans to bring Micro-LED technology to the Apple Watch Ultra with an even larger display.

Why is it important: Apple is pushing Micro-LED technology to expand its use from smartwatches to AR/VR devicesSmartphones and large displays in the next 5-10 years.

Despite the high cost of producing micro-LED panels and the small difference in display performance compared to OLED panels used in smartwatches, the potential benefits are worth pursuing, the report says.

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