LG to Supply OLED Panels for Apple iPad by 2024

LG Display is gearing ready to supply Apple with OLED display panels for the next generation of iPads.

LG is apparently expanding its facility in Paju, South Korea, in order to provide Apple with OLED panels for the iPad. The enhanced capacity is thought to be in preparation for the next-generation iPhone and iPad devices.

Due to the size and aspect ratio of the iPad’s display, which competing vendors are now unable to accommodate as easily, the introduction of OLED panels to the device purportedly creates a new opportunity for LG Display.

BOE is also reportedly preparing to offer OLED panels for future iPad models, according to a second recent report.

However an OLED display may appear on the iPad for the first time next year, LG plans to begin scale manufacturing of these panels in 2024 at its Paju plant.

The introduction of the OLED iPad is expected to take place between 2023 and 2024, according to other recent rumours.

LG was forced to shut down its smartphone division and discontinue LCD panel production for the iPhone early last year. Since then, the company has reorganised its operations to focus on OLED panels and is rapidly expanding its manufacturing capacity.

LG now intends to aggressively extend its foothold in Apple’s display supply chain with an expansion investment strategy that would allow the Paju factory to produce twice as many sixth-generation OLED panels by 2024.

Source: 1

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