LG Display to Supply Flat Panels to Apple for the Next Five Years

malware · Jan 12, 2009

LG Display has reached a long-term deal with Apple to supply flat panels to the iMac creator. The contract is for five years and as part of the agreement terms LG will receive payment of $500 million in advance from Apple sometime this month.

Although LG Display already had a relationship with Apple, the deal's duration and the size of the advance show that the two companies are involved in a long-term, strategic alliance,

company spokesman Son Young-jun says. Currently, LG Display supplies about 70% of the displays used in all Apple products. LG Display declined to provide further details, and say if this number will grow in the future.

View at TechPowerUp Main Site

Sasqui · Jan 13, 2009

It says "LED", does that mean OLED is not part of the agreement?

Edit: here's the SEC filing: http://www.sec.gov/Archives/edgar/data/1290109/000119312509004360/d6k.htm

Yet another edit, this one about Sony: http://www.youtube.com/watch?v=NcAm3KihFho

freaksavior · Jan 13, 2009

NOOOO not lg

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LG Display to Supply Flat Panels to Apple for the Next Five Years

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Sasqui

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