LGD to Contract with Apple on LCD Panel Supply for the Next 5 Years

During recently held "MacWorld Conference & Expo" at San Francisco, CA, LG Display President, YoungSoo Kwon, have met with Apple COO, Tim Cook to contract on LCD panel supply contract and agreed in receivng US$500 million within this month for the contract, said LG Display on Jan 12. Accordingly, Apple will primarily purchase LCD Panel used in the company's products from LGD