LG Display to get nod on Apple's iWatch screen -- report

Apple is close to awarding at least one company with a contract to supply displays for its long-rumored iWatch, according to a new report. LG Display is close to signing a deal with Apple to provide flexible organic light-emitting diode panels (OLED) for its iWatch smartwatch, Korea Herald reportedon Tuesday, citing people who claim to have knowledge of the negotiations. LG Display,

 however, will be the secondary supplier, the news outlet's sources say. Taiwan-based RiTDisplay will be Apple's first choice. The iWatch has been rumored to be in the works for months. There was even talk about the possibility of Apple launching the device this year. After Apple's media event last week turned up no new product categories, however, speculation has been that Apple's next move will be to launch the iWatch next year.