It’s no secret that Apple gets the majority of its displays from LG. Now it seems that it will continue that way for at least 5 more years. Just the other day LG announced that it has signed a 5 year contract to supply Apple with LCD Displays, a deal worth close to $500 Million.

This deal gives strong support to recent rumors of Apple supposedly looking for multi-touch displays to implement in the iMac line. LG is currently producing multi-touch displays and this recent contract will make it very easy for Apple to get its hands on some.