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Report: LG to provide flat panels to Apple

Posted: 14 Jan 2009 ?? ?Print Version ?Bookmark and Share

Keywords:LG Apple deal? panel flat? deal long-term?

LG Display Co. will supply flat panels to Apple Inc., as stated in their long-term deal, according to an AP report.

The contract is for five years and calls for LG to receive an advance payment of $500 million this month, the display company based in #LINKKEYWORD1# said in a regulatory filing. LG Display and Apple planned to decide later on details such as the number of panels LG will provide, LG said.

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