Credit: Apple
This news should not be too surprising given that Apple is set to launch the next generation iPad mini with Retina display later this year. Consumers are probably holding out to see what’s in store.
“AUO is expected to see further cuts in orders from Apple in the third quarter as Apple gears to release the next-generation iPad mini either in late third-quarter 2013 or the following quarter,” Julian Ho and Alex Wolfgram report for Digitimes. “AUO has faced issues in producing iPad mini panel technology for Apple and is not expected to continue acting as a major panel supplier for the device.”
Julian Ho and Alex Wolfgram: AUO’s drop in the second quarter will also come as overall shipments for the iPad mini are expected to drop around 20-30% on quarter to around 10 million units largely due to the time period traditionally being a slow purchasing period for consumers. The remaining seven million panels for the device are expected to come from LG Display.
Source: Digitimes