12.01.2009 17:06 Uhr, Quelle: 9to5Mac

Apple spending $500 Million on LG Displays for the next 5 years

The AP today revealed that Apple and LG have come to a big agreement over the next five years for display technology. The agreement spells out that the displays won't just be for monitors but also for iPhones and iPods.  Also there isn't anyhting in the way of exclusivity in the press release but perhaps Apple would like to have first dibs on LG's displays. The release SEOUL, South Korea (AP) — LG Display Co. has reached a long-term deal with Apple Inc. to supply flat panels to the iconic maker of computers, music players and smart phones. The contract between the two companies is for five years and calls for LG to receive an advance payment of $500 million sometime this month, the South Korean company said in a regulatory filing Monday. Seoul-based LG Display and Apple, headquartered in Cupertino, California, planned to decide later on details such as the n

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