Apple prepays half a billion $$ for LCD screens

Posted by: MacGizmo

Apple prepays half a billion $$ for LCD screens - 01/13/09 05:01 AM

Apple just signed a deal with LG to supply all its flat panel LCD screens.

The deal will see Apple prepay $500 million to the South Korea-based electronics manufacturer sometime this month in exchange for a guaranteed supply of LCD screens for Macs and/or handheld products over the next 5 years.

LG, which sits behind Samsung as the world's second-largest maker of flat panel displays, already supplies Apple with 70 percent of its LCD panels, HI Investment & Securities analyst Park Sang-hyun told Reuters. He expects prices for the parts, which have been falling rapidly during the recent global slowdown, to pick up in the near future.
Posted by: margadagio

Re: Apple prepays half a billion $$ for LCD screens - 01/13/09 06:29 AM

You can bet Apple got one heck of a sweet deal.
Posted by: carp

Re: Apple prepays half a billion $$ for LCD screen - 01/13/09 10:41 AM

Humm

I wonder could these be touch screens ? Since Win7 is capable
Posted by: MacGizmo

Re: Apple prepays half a billion $$ for LCD screen - 01/13/09 11:32 AM

Originally Posted By: margadagio
You can bet Apple got one heck of a sweet deal.
I'm sure they did. Not sure you can get a better deal, even at Costco! wink