Apple and LG Display have agreed a deal that will see the South Korean electronics manufacturer supply flat panel displays for Macs and handheld products over the next five years.
In exchange for a guaranteed supply of LCD screens until 2013, Apple will prepay USD $ 500 million to LG later this month.

Cost remains a key factor in ensuring LCD is the display of choice for most handsets.
But a report from ABI Research suggests a number of new and not-so-new display technologies are vying for a chunk of LCD’s vast market share.