The New iPad has one truly amazing component, it's gorgeous Retina Display. As is the case with any Apple product, the New iPad is rapidly being sold out in the 35 countries it is currently officially available in. With sales figures increasing, the production of units will obviously be increased. In order to capitalize on the New iPad's success, both LG Display and Sharp are speeding up the production of Retina Display panels for Apple's latest tablet.
The Retina Display panel on Apple's third generation iPad is the most expensive component. One panel costs Apple $90, more than any other component on the tablet. That said, the Retina Display on New iPad is truly amazing. With 264 pixels per square inch, it becomes impossible for the human eye to distinguish a singular pixel.
DigiTimes reported earlier today that both LG Display and Sharp are about to speed up production of Retina Display panels. Currently Samsung is the largest panel supplier, but is back by shipments in small quantities by LG Display. The report says:
Sharp and LG Display both have begun small-volume shipments of flat panels for Apple’s new iPad recently after they had failed to meet the requirements previously. However, the supply of panels for the new iPad has improved recently, with LG Display and Sharp to ramp up their shipments in the second quarter, which will also result in a significant increase in shipments of the new iPads in the quarter and onwards, the sources indicated.With LG Display and Sharp speeding up production, the manufacturing of New iPad units will also gather pace. This pace is needed considering the New iPad just went on sale in an additional 25 countries yesterday.