LG Sees Surge in Apple Orders for iPad LCD Panels [Report]

Apple has asked LG Display to quickly supply a larger than expected number of iPad LCD panels, reports Business Korea.

Earlier, Apple cut orders for the second quarter in anticipation of a significant contraction in the general consumer (B2C) market due to the spread of the COVID-19 virus. However, it started to place additional orders as demand for the iPad surged in Asia due to the spread of remote education and telecommuting in Asia, a region which was relatively successful in coping with COVID-19.

Usually, orders are placed at least three months in advance, given the time needed for securing raw materials and manufacturing.

"Since BOE of China and Sharp of Japan are also major suppliers of panels for the Apple iPad, LG Display needs to respond quickly to Apple's request not to lose the order to its rivals,” an industry insider said.

It's recently been reported that LG has also landed orders to supply some OLED panels for Apple's next generation iPhone. More details here.

Read More