Apple Taps Familiar Suppliers For Its iPad

According to an article on The Wall Street Journal, a peek inside Apple Inc’s (NASDAQ: AAPL) new iPad indicates that some familiar component suppliers are contributing to the success of the new device.

The research conducted by iFixit Inc and UBM TechInsights depicted that Apple had built on technologies used in its popular iPhone and iPod Touch devices to design the iPad. AAPL has done the same with the suppliers.

While AAPL is using chips supplied by Samsung in the iPad, it has reached out to LG Display (NYSE: LPL) for the liquid crystal display used in the device.

iFixit also said that US tech firm Texas Instruments Inc (NYSE: TXN) supplied another chip associated with the touch screen, while Cirrus Logic Inc (NASDAQ: CRUS) is the supplier of a chip used for managing audio in the device. Meanwhile, Broadcom Corp (NASDAQ: BRCM) is supplying chips for managing the machine's touch screen and allowing it to communicate using Wi-Fi and BlueTooth technology.

Read more from Benzinga's Company news.

(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.