It’s been rumored that Apple has been spending billions in cash on a strategic displays investment, but other manufacturers and component suppliers aren’t standing still, either. Hitatchi Displays has just announced that they have a 4.5-inch IPS LCD display lined up for production in October. The new display’s resolution? 1280 x 720 which, in a 4.5-inch screen, equals a whopping 329dpi density. It’s LED backlit and features a 1,100:1 contrast ratio. Oh. boy.