By Ed Oswald | Friday, July 23, 2010 at 9:19 am
Apple’s chief operating officer Tim Cook said Tuesday that the iPad shortages had nothing to do with a component shortage, but it appears that’s not completely true. LG Display’s CEO Kwon Young-soo told reporters Friday that even with his plants running at full capacity, the company cannot meet the demand. Kwon estimated that it would be the spring of next year before the company could catch up.
The problem may actually get worse before it gets better: LG may ramp down production slightly next month. It is considering adding new production lines for Apple’s iPad displays, however, according to the Reuters report.
Nine new markets for the device were launched today, which means the device is now available in a total of 19 countries. About 3.27 million iPads have sold — approximately one million every month.