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#news $AAPL Apple has reportedly met with Korean electric ca | Warren Buffett SAYS

#news
$AAPL Apple has reportedly met with Korean electric car makers SK Innovation, LG Electronics and Magna International (NYSE: $MGA), to engage them as suppliers for the future Apple Car.

"Without partnerships with Korean suppliers, Apple will not be able to complete its electric car business plan. As far as we know, Apple has been communicating with LG, SK and Hanwha, but negotiations are still in the early stages," The Korea Times reported.

Source reports that Apple held "extended meetings with electric car battery manufacturer SK Innovation. The company also met with LG and Magna, which have a joint venture called LG Magna e-Powertrain, which makes electric motors, inverters and on-board chargers and electronic drive systems.

Rumors of Apple teaming up with LG Magna e-Powertrain first surfaced earlier this year.

It was previously reported that the company preferred Hyundai-Kia as a production partner, but the company later denied those reports.

#AAPL