LG is seeking compensation from Apple following the abrupt cancellation of its microLED Apple Watch, due to the significant investment it made in preparing the project. Electric.

The device’s cancellation apparently left LG Display with significant sunk costs, including the cost of purchasing 14 US patents related to microLED technology from Taiwan’s Ultra Display. The company is now facing potential claims from hardware partners, some of whom invested in the project without formal contracts.

LG also moved equipment from Gumi in Gyeongsangbuk-do to Paju in Gyeonggi-do, provided space to process the microLED backplane, and hired expert personnel to form a working group to carry out the project. In total, LG spent hundreds of billions of won on the preparation of the Apple Watch microLED.

Apple’s decision to cancel the project was reportedly based on concerns about the economic viability of microLED technology for the Apple Watch. Despite potential advantages like brighter displays, improved color accuracy, and better energy efficiency compared to current OLED technology,

Apple determined that the manufacturing costs of microLED were too high to justify its inclusion in the Apple Watch, and there were also significant issues with the manufacturing process, making it difficult to produce the displays in the required quantities.