LG Chem to provide Apple's iPhone batteries next year: Korean Media reports

LG Chem to provide Apple's iPhone batteries next year: Korean Media reports

The logo of Apple is seen in Los Angeles, California, United States

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LG Chem has invested hundreds of billions of won in a dedicated line for the purpose and will produce 'L-shaped' batteries for next year's iPhone

South Korea'sLGChem is slated to exclusively provide batteries for Apple's iPhone 9 which is likely to be launched next year, a Korean newspaper reported.

LGChem has invested hundreds of billions of won in a dedicated line for the purpose and will produce "L-shaped" batteries for next year's iPhone, the Korea Economic Daily reported citing an unnamed chemical industry source.

A spokesman forLGChem said it does not respond to inquiries about client companies. Apple could not be immediately reached for comment.