Apple’s next-generation iPad will employ the company’s famous Retina Display according to LG Display CEO Young Soo Kwon. The Korea Times reported on Friday that Kwon let slip the news while speaking with reporters following LG Display’s second-quarter earnings report, which saw the manufacturer’s profit tumble 96%. “[Kwon] said more smartphone manufacturers will release new models employing LG’s “Retina Display’’ that has been used in iPhones and iPads,” The Korea Times’ report states. LG Display manufactures the current Retina Display found on Apple’s iPhone 4 handset. Earlier reports suggest Apple is preparing to launch an updated iPad in September alongside the iPhone 5. The new Retina Display-equipped iPad is expected by some to be a complimentary model, perhaps dubbed “iPad Pro,” rather than a replacement for the current iPad 2.

[Via 9to5 Mac]