Shipping time for a new iPad is already set at 7-10 business days, but a shortage could be looming as parts manufacturers struggle to keep up with demand for orders from Apple. The latest company to signal it was having trouble is Korean company LG Display, who manufactures the 9.7 inch IPS LCD display found in the iPad.

LG reported it was currently running at full capacity, but would have to reduce production in August due to low demand for television screens. iPad screen production could be increased, however LG Display CEO Kwon Young-soo predicts that supplies will be tight until early 2011. Apple could be forced to find another supplier to augment production at LG is demand keeps up over the next several months.