DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/cgxhgc/ipad_3_panel) has announced the addition of the "iPad 3 panel shipments for Samsung, LGD and Sharp are projected to grow up to total ~17M units in 2Q12" report to their offering.

After rising up our recent iPad production forecast to total around 22-23M units in 2Q12, we expect the overbuilt inventory of touch panels in 1Q12 to be digested. Based on our research, we believe the corresponding order allocations among selected touch panel suppliers could be TPK's 57.0%, Wintek's 29.4% and CMI's 13.5% respectively in 2Q12. Likewise, we anticipate Samsung, LGD and Sharp to increase their iPad 3 panel shipments up to total -17.3M units in 2Q12. Samsung is projected to supply -9.8M units, followed by LGD's -5.0M units and Sharp's 2.5M units. Meanwhile, we forecast total iPad 2 panel supply may fall down to -3.5M units in 2Q12.