Ipad 2, get ready

17 August

Ipad 2, get ready

Will the Chinese Economic Daily News be right again? They were the first to report that Apple was releasing the first Ipad when others had predicted a netbook. This week the paper announced that Taiwanese companies were working on the production of a new Ipad 2 with a 7 inch screen. The paper reports that Chimei Innolux will supply the 7 inch screens. Chimei was formed in 2010 with a merger of Chi Mei Optoelectronics (CMO), Innolux Displays and TPO Displays. Chimei is now in position to compete with Samsung and LG for the LCD market (http://www.chimei-innolux.com). The paper also reports that Cando Corp will supply the touchscreen technology. Cando is also located in Taiwan. And to wrap up the Taiwan resources Compal Electronics is slated to assemble the new Ipad 2. Compal has been in the assembly business for 22 years producing models for Dell, Compal and Hewlett Packard. When the above companies were contacted they declined to comment, which isn't a surprise if they are looking to build the ipad 3. With Ipad sales projected to pass 7.1 million units in 2010, 14.4 million in 2011 and 20.1 million in 2012 (Source iSuppli Corp) competitors like Samsung, LG, Acer, Hewlett, Asus and Dell dont stand a chance at ever capturing any large percentage of the market. Then add in the number of applications that have been developed for Apple (Over 200,000 to date) and you must wonder how the competitors think they have a chance. But in todays market the vultures are always looking for their scraps. Keep an eye out this week as President Obama visits Miami, apparently he has been struck by the ipad fever as well. http://www.miamiherald.com/2010/08/16/1778478/president-obama-to-visit-miami.html

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