LG Display can’t keep up with iPad demand
THE INSATIABLE demand for the Ipad sees no sign of stopping with LG Display’s boss stating it could not keep up with Apple’s LCD panel requirements.
According to reports, chief executive Kwon Young-soo said that LG Display was running at full capacity. But this was only due to the tablet rush – LCD display demand for TVs was weak meaning that the company was planning to scale back its production.
He did suggest that there would also be problems in providing other companies with similar displays for their own tablet creations, and believed it was going to be the second quarter of 2011 before it could supply all the panels Apple were looking for.
Reuters quoted him as saying, “Demand (from Apple) keeps growing and we can’t meet it all. Apple may have to delay launches of the Ipad for some countries due to tight component supplies and strong demand.”
“We are considering increasing production lines for Ipad products but overall supply is likely to remain tight until early next year.”
LG Display along with Samsung are the big players in the LCD panel making market, and supplies Iphone screens as well.
Research firm iSuppli raised its forecast for iPad sales by 82 per cent, a staggering 13 million units by the end of the year. Today it is available in nine more countries, making the total 19. µ
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