It’s reported that Coretronic entered the supply chain for the second generation iPad, and would supply BLUs to Chimei Innolux (CMI) and LG Display. But Coretronic had declined to comment. In the end of 1Q11, the second generation iPad was expected to hit the market and it’s estimated that suppliers in the supply chain started to ship in 1Q11.

Coretronic Corporation(5371)had posted consolidated sales revenue for 3Q of NT$25,903 million with an operating income of NT$1,360 million, up 1% and drop 10% from the previous quarter respectively. Net income totaled NT$1,133 million, dropped 12%. Net income attributable to equity holders of the parent company was NT$1,052 million with the basic EPS of NT$1.45 per common share.