According to a new report, LG Display is preparing to supply Apple with OLED panels for upcoming iPad models. The company is preparing large-scale facilities for new production lines of 6th generation OLED panels in Paju this fall.
LG Display expands plant in South Korea to double its OLED production capacity
It was recently reported that Apple was considering launching an iPad with a display produced by Samsung in 2024. In a new report today about LG Display via ET News, it seems that an OLED iPad might be available in a few years.
LG’s preparations to supply the Cupertino tech giant with OLED displays for the iPad include the expansion of its plant in Paju, South Korea. The company is aiming to double its OLED production capacity to account for next-gen iPhone and iPad models. The report also mentioned “it is predicted that OLED application to iPads will also begin in two days,” referring to production.
The introduction of OLED to the iPad is expected to be a new opportunity for LG Display’s business since the iPad requires panels that are wider than the iPhone. Currently, rival suppliers are finding it difficult to meet Apple’s requirement of a new two-stack tandem OLED structure that will help increase the display’s brightness and life. A separate report recently claimed that Apple supplier BOE is gearing up to expand its manufacturing capacity to capture a bigger share of the tech giant’s business.
LG Display will reportedly begin mass production of these panels at the Paju facility in 2024. This timeline lines up with other reports suggesting the launch of an OLED iPad will likely happen between 2023 and 2024. The company plans to invest 3.3 trillion won into OLED production by 2024.
In December, it was reported that LG Display won orders of low-temperature polycrystalline oxide (LTPO) thin-film transistor (TFT) OLED panels for Apple’s next-generation 6.7-inch iPhone 14 Pro Max model, for the first time. However, LG will be sharing iPhone 14 Pro Max display order with Samsung. The company is also rumored to be working on new monitors based on existing Pro Display XDR and iMac sizes.
Other rumors relating to LG include the company assisting Apple in the development of its first foldable smartphone, it is partnering with Magna for the Apple Car production, and is part of the industry group working on 6G networks.