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April 21st, 2010 at 8:49 AM EST | by

OLED display rumored for Apple's second-generation iPadDespite the high costs associated with OLED panels, a new rumor suggests that development of Apple’s next-generation iPad could include the new display technology.

In reporting the rumor from its sources on Monday, Taiwanese publication DigiTimes also qualified the information by saying the cost of OLED displays is currently prohibitively high. Nevertheless, it said that sources indicated the next-generation iPad would use an OLED panel.

"Apple reportedly has started development of the second generation iPad using the same design concept as for the iPhone 4G, and will use an OLED panel, according to sources in the component industry," the report said. "Apple is said to be aiming to launch the device in 2011, but a DigiTimes Research senior analyst said the cost of OLED panels are much too high for the iPad."

The report noted that OLED panel prices are expected to drop, which could make the screen display option more viable in time for a new iPad model next year. But it also said that Mingchi Kuo, its senior analyst, is "conservative" about the prospect of an iPad with an OLED panel.

Read more: AppleInsider.com

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