Apple (NASDAQ:AAPL) may release a new iPad mini with Retina display in October this year, reports the Taipei-based DigiTimes via Apple Insider. According to DigiTimes’s unnamed insider sources, “LG [Display] (NYSE:LPL) is reportedly making new headway in producing Retina panel technology for use in the next-generation iPad mini, and expects to ship about 2-3 million units a month in preparation for Apple’s expected October release date.”
Although a DigiTimes report from earlier this week suggested that the next-generation iPad mini wouldn’t launch until 2014, the same publication is now claiming that the device will debut in the fourth quarter this year. Although most component suppliers typically do not disclose who their clients are, many analysts believe that LG Display makes screens for both the iPhone and iPad products.
Besides reporting the Retina iPad mini rumor, the sources also claimed that LG Display will ship approximately 2.5 to 3 million 9.7 inch iPad panels per month in the third quarter. According to the anonymous sources, “around 1-2 million of the panels will be for Apple’s fifth-generation iPad, with the rest for previous iPad models.”
The sources also report that the next-generation iPad will be lighter and thinner than previous iterations. According to industry sources, the new iPad will feature one light tube for backlight, instead of two.
This latest Retina iPad mini launch date prediction is in line with a forecast made by KGI Securities analyst Ming-Chi Kuo in April. Kuo reported that some suppliers were having production difficulties with the iPad mini 2 Retina display, but he was still expecting the product to ship by October 2013.
Here’s how Apple and LG Display have traded so far today.
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