Apple's upcoming iPad Pro will feature low power-high resolution oxide thin film transistor (TFT) display as it consumes significantly less power and the panels will be manufactured by LG Display, according to fresh media reports.

There have been rumors that Apple Inc. is working on a new 12-inch iPad, dubbed Apple iPad Pro and also referred to as iPad Plus, which will compete with the Microsoft Surface 12-inch tablet, as well as various Samsung 12-inch tablets currently available in the market. Measuring 305.31 mm x 220.8 mm x 7 mm, the iPad Pro will apparently feature a killer 12.9-inch display, making it Apple's largest tablet yet, and will be powered by the Apple A8X/A9 chip with 2 GB of RAM. Other rumors claim that the iPad pro will be powered by an A9 processor with 4 GB of RAM and 11,000 mAh battery, along with 16 GB, 32 GB, 64 GB and 128 GB storage options. The iPad Pro will also feature Apple's famous Touch ID Fingerprint scanner and a killer stylus, while housing four speakers.

A new media reports suggests that Apple has chosen to use power-efficient oxide panels in its upcoming iPad Pro and all future iMacs, as the panels offer a lower power base and superior touchscreen senses than the previous a-Si TFT LCD, as well as allows the company to build slimmer designs. LG Display, which is the world's largest LCD panel maker, is reportedly building the display screens for Apple and investing in the eight-generation P8-P9 production-line technology at its South Korean plant.

Currently, LG Display has a monthly production capacity of 9,000 oxide TFT sheets, which the company plans to increase to 21,000, and by a further 20,000 sheets by the second quarter of 2016, in order to meet the requirements of the upcoming Apple iPad with 12.9-inch display and future iMacs. Apple will be sourcing the oxide TFT screens from LG Display and Sharp, which is also capable of producing 30,000 sheets per month, as well as from Samsung Display, which can produce 20,000 sheets per month, but is looking to expand its capacity to 60,000 sheets per month by the end of 2015.

The iPad Pro is rumored to cost "somewhere between the iPad Air and MacBook Air" and has been currently pegged for launch at the upcoming Worldwide Developers Conference (WWDC).