IT House January 18 news, according to ETNews reported that LG Display 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 reportedly includes expanding its plant in Paju, South Korea, with additional capacity taking into account next-generation iPhone and iPad models.
Bringing oled panels to iPad presents a new opportunity for LG Display, as the device's display size and aspect ratio are not currently easy to achieve with competing vendors. Another recent report said BOE is also ready to provide OLED panels for future iPad models.
LG plans to start mass production of these panels at its Paju plant in 2024, 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.
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