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

Wed Sep 12, 2012 10:56am EDT

A man stands besides LG Display's logo during the company's 2009 fourth quarter earnings report presentation in Seoul January 20, 2010. REUTERS/Jo Yong-Hak

A man stands besides LG Display's logo during the company's 2009 fourth quarter earnings report presentation in Seoul January 20, 2010.

Credit: Reuters/Jo Yong-Hak

(Reuters) - 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.

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.

(Reporting by Shubham Singhal in Bangalore; Editing by Sriraj Kalluvila)

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Comments (2)
Ireadtoomuch wrote:
hahahaha so funny. LG used to supply the iPhone and iPag and was dumped because they couldn’t keep up with demand. So apple went with samsung. now apple is dumping samsung because of what? in any case apple is going back to lg and another company simply because they don’t want samsung. and yet some of the vital chips and stuff still come from samsung. Samsung should tell apple to kick rocks.

Sep 12, 2012 6:23pm EDT  --  Report as abuse
tangogo68 wrote:
‘Ireadtoomuch’ should try to read more and understand more — Apple was Samsung’s biggest customer — now their excess production capacity has to go to market for smaller margins as base commodities — I very much doubt they thing it is hahahaha so funny …

Sep 12, 2012 7:18pm EDT  --  Report as abuse
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