“The sources said the drop is largely due to the growing popularity of the iPad mini as well as to increasing demand for low-priced tablets,” Kuo and Wolfgram report. “Additionally, January is traditionally a slow period for panel shipments, added the observers.”
Kuo and Wolfgram report, “The 90% on-month drop was a major contributing factor to LG Display’s overall performance in January, but the company is expected to see a rebound in its panel shipments for the 9.7-inch iPad during the second quarter due to an expected release of Apple’s next-generation iPad in the third quarter, the sources noted.”
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