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.
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Smartphones will continue to be the device most used for watching mobile video, according to research firm In-Stat.
The high-end handsets will not have it all their own way though.
Over the next five years, they will be joined by over 160 million other devices that provide mobile video over networks now in exclusive use by cellphones.