“A new report claims Panasonic plans to leave the TV business and will instead focus on creating LCD displays for smaller devices, particularly Apple’s iPad,” Katie Marsal reports for AppleInsider.

“Panasonic reportedly hopes to make its way into the more profitable business of building LCD panels for portable electronics,” Marsal reports. “In particular, Panasonic is said to be interested in finding its way into Apple’s supply chain for the iPad.”

Marsal reports, “Panasonic has allegedly already provided sample high-resolution LCD panels to Apple. One person quoted from the company indicated that Apple ‘seems to be satisfied’ with the samples it was provided.”

Read more in the full article here.

[Thanks to MacDailyNews Readers "Dan K." and "Arline M." for the heads up.]