Apple to accept price hikes to secure display supply?

Updated

Apple has met with Taiwan-based touch panel manufacturers, discussing the possibility of price hikes in order to secure sufficient supply of the sought after components, according to a new report. Citing the panel manufacturers themselves, DigiTimes reports that should Apple agree to the price hikes, it would greatly help the overall supply chain, even if for the short term, and would also put increased pressure on other tablet and smartphone manufacturers. In addition, the report claims that in order to hit its internal shipment goal of 40 million iPads in 2011, Apple has booked over 60 percent of global touch panel capacity, and that despite the supply concerns caused by the devastating earthquake in Japan, Apple’s should have an easier time garnering supply than its rivals.

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Charles Starrett

Charles Starrett was a senior editor at iLounge. He's been covering the iPod, iPhone, and iPad since their inception. He has written numerous articles and reviews, and his work has been featured in multiple publications.