Company's LG Display and Apple entered into a five-year agreement for the supply of LCD panels, reported AP. By the end of January, Apple will list LG Display the down payment.
The documents, filed by LG Display regulator, it is known that the amount of the advance payment, Apple will be half a billion dollars. Other details of the agreement are not known.
Representatives of LG Display not comment on the agreement with Apple. Guidance is also the last silent.
LG Display Company is one of the world's largest producers of LCD panels. In November last year the company paid a fine of 400 million dollars for the entry conspiring with other major manufacturers in order to prevent falling markets LCD panels.
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