AU Optronics, LG Display to supply panels for Apple's smaller iPad - report

Taiwan-based flat panel maker AU Optronics Corp and South Korea's LG Display Co Ltd will supply liquid crystal display (LCD) panels for Apple Inc's yet-to-be-announced small-sized iPad, technology website reported.


Apple is expected to take the wraps off a new version of its iPhone later on Wednesday.


Some analysts also think Apple plans to announce a smaller iPad to safeguard its market share as rivals including Samsung Electronics and Inc begin selling cheaper, seven-inch tablets.


AU Optronics, the world's No.4 LCD maker, will ship about 400,000 to 500,000 panels in September for Apple's reported small-sized iPad, Taiwan's DigiTimes said, citing industry supply chain sources.


Making displays for the iPad mini



LG Display will supply as many as 600,000 panels to Apple, the website reported.


DigiTimes, quoting sources, said supplies for a 7.85-inch iPad began in June, with a monthly volume of several hundred thousand.


The latest generation iPad has a 9.7 inch screen.


AU Optronics and LG Display could not be immediately reached for comment.


The report comes on the day that the U.S. government asked a federal court to impose a $1 billion fine on AU Optronics over its role in a cartel that fixed the prices of LCD panels over a number of years.


AU Optronics shares were up 3 percent at $3.74 on the New York Stock Exchange. LG Display shares closed up 1.5 percent in trading in Seoul.




Published Date: Sep 13, 2012 11:01 AM | Updated Date: Sep 13, 2012 11:01 AM