Source: IT House
According to ETNews, LGDisplay is preparing to provide Apple with an OLED display panel for the upcoming iPad model.
LG's readiness to supply Apple with OLED displays for iPads includes an expansion of its factory in Paju, South Korea, with the increased capacity taking into account the next generation of iPhone and iPad models.
Introducing OLED panels to the iPad presents a new opportunity for LGDisplay, as the device's display size and aspect ratio are not currently easily achievable by rival vendors. Another recent report said BOE is also ready to provide OLED panels for future iPad models.
Sources say LG plans to start mass production of these panels at its Paju plant in 2024, a time that is largely in line with other recent reports.
IT House learned that early last year, LG was forced to stop production of LCD panels for the iPhone and shut down its smartphone division. Since then, the company has reorganized its business into OLED panels and is accelerating capacity expansion. Now, LG plans to aggressively increase its presence in Apple's display supply chain through an expansion investment strategy that will enable the Paju plant to produce twice as many sixth-generation OLED panels by 2024.
![Korean media: LGD will expand the small and medium-sized OLED plant in Paju[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)