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LG Display close to deal to produce displays for Apple iWatch

10/29, 11:03am

Talks with Samsung were 'not productive'

LG Display is nearing a deal to provide OLED displays for Apple's iWatch, according to a Korean report. The Korea Herald adds that a RITEK subsidiary, RiTdisplay, will also be supplying OLEDs. HMC Investment Securities analyst Kim Young-woo in fact characterizes RiTdisplay as the main supplier, with LG serving as a secondary partner "to be safe." Left out of the equation is Samsung, which is reported to have met with Apple regarding iWatch screens but made no progress in negotiations.

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