LG invested 'tens of billions' in the microLED project for the Apple Watch, demanding compensation from Apple for the canceled project.
Apple effectively canceled the microLED Apple Watch project, leading LG to disband its task force, incurring costs for equipment, space, and manpower.
If Apple compensates LG, it may pay more for OLED panels, as the cancellation was not publicly announced by Apple.
LG's preparations for the microLED project included equipment rearrangement, space allocation, staffing, and supplier readiness before Apple's cancellation.
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