DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
December 6, 2016 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 157 people online.

 

Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin
 

Follow us
RSS
 

LG lands 5-year LCD deal with Apple

Posted on Wednesday, January 14 2009 @ 00:15:33 CET by


LG announced it has landed a deal with Apple to supply the firm with displays for the next five years and that it will receive a $500 million up-front payment from Apple later this month:
The Korean firm has declined to provide the full financial terms of the deal but in a securities filing admitted that it will receive a $500 million up-front payment from Apple later in January, revealing a more substantial deal over the long term. The company has acknowledged the payment and refers to the new deal as a deepening of its agreements with the American company.

"Although LG Display already had a relationship with Apple, the deal's duration and the size of the advance show that the two companies are involved in a long-term, strategic alliance," company spokesman Son Young-jun says.
LG currently makes about 70 percent of the displays Apple uses in its products.


 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2016 DM Media Group bvba