If you were watching you may recall that I argued Apple has already eaten up the iPad ‘killers’ by creating a product so popular it has sucked dry all the display component supply needed for competing devices. That’s likely because the product is so darn popular Apple can barely keep up with demand.
We wake up to a new day and new confirmation Apple’s eating the lunch of a those unborn iPad killers — LG Electronics hs admitted the company can’t even keep Apple supplied with those precious touch screems.
As reported by Reuters, LG Display CEO Kwon Young-soo said, “Demand (from Apple) keeps growing and we can’t meet it all. Apple may have to delay launches of the iPad for some countries due to tight component supplies and strong demand.
“We are considering increasing production lines for iPad products but overall supply is likely to remain tight until early next year.”
Research firm iSuppli raised this week its forecast for iPad sales by 82 percent to nearly 13 million units this year. Even more interesting, LG will invest 618 billion won in new manufacturing facilities, but will is still planning production cuts this August.
“iSuppli believes that the only limitation on iPad sales now is production, and not demand,” said Rhoda Alexander, director of monitor research for iSuppli. “Apple has taken a very controlled approach introducing this product to new markets, with manufacturing limitations likely being the major inhibitor on how quickly iPad sales expand.”
Not a bad building block for the future, eh?
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