LG has just signed a five-year contract with Apple which states that they will be providing LCDs for the company. Apple apparently wanted LG’s LCD and next-generation OLED displays for its line of notebooks and Cinema Displays, along with future iPhone and iPod models. LG will receive US$500 million for the displays from Apple under this new contract.

You should not buy a Cinema Display from Apple. They are a total rip-off, and aren’t even the best displays.

First off, the cinema displays are wayyyyy overpriced. For the cost of the 20-inch display, I could buy two Dell 24-inch displays. Unless you are a big-time, famous graphic designer or someone who just has a lot of money to burn, I don’t think a 30-inch display is even close to your price range. And, to pour salt in the wounds, even the “refurbished” Cinema Displays will require a second mortgage.

More after the break.

According to DigiTimes, market sources are reporting that demand for 20-inch widscreen displays is rising. This is attributed to vendors like Apple and Dell adding the product to their respective lineups. The sales of 22-inch LCD displays are currently better, but sources noted that this is due to the fact that most PC manufacturers are more »