Apple Pays $500M to LG for 5 Year Display Contract

By Hercules K, BUSINESS 2.0 PRESS
Published: January 12 2009, 1:42 pm EST

According to a new SEC filing, Apple will pre-pay South Korean electronics maker LG $500 million to manufacture displays for Apple computers and devices until 2013. LG already produces 70% of Apple LCDs.

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Questions about this post? Please contact Hercules K at hercules@business2press.com

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