Friday, July 23, 2010

LG Can't Meet iPad Demand Until Next Year




LG has announced that it is having difficulties in supplying flat-panels to Apple for the iPad and may not be able to fill orders from other companies, according to the WSJ.

The South Korean company says it should be able to supply demand by the second quarter of next year.

"Apple is ordering more and more displays but it isn't something we can be able to respond quickly," Chief Executive Kwon Young-soo said Thursday. "I am not sure whether we can be able to meet orders from other companies for similar products, but we will be able to supply the displays without fail...by the second quarter of next year."

"The only limitation on iPad sales now is production and not demand," said Rhoda Alexander, director of market research firm iSuppli Corp. "Apple has taken a very controlled approach introducing this product to new markets, with manufacturing limitations likely being the major inhibitor on how quickly iPad sales expand."

LG Display is planning to invest about $512 million to build a new production line that can produce mobile displays for the iPad and similar devices. The new line should have a monthly capacity of 20,000 glass sheets and be operational by the fourth quarter of 2011.



*thanks iclarified*

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