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According to Digitimes, “rumors are circulating in the market” that Apple is in talks with LG to buy their 55- and 65-inch Ultra HD TV panels for a future Apple TV set. Digitimes sources stated that Apple is still testing the technology and hasn’t reached the agreement with LG yet. The sources claim Apple may also consider Sharp as a potential supplier.

Back in march Digitimes reported that Apple was continuing to develop a TV that is likely to sport an Ultra HD 4K display (3840 x 2160). According to the sources, a standalone Apple TV set could launch by the end of this year, but it is more likely that Apple decides to unveil it in early 2014.

The sources said that Apple and Foxconn Electronics have been in discussions for quite some time in terms of the TV’s mass production schedule, but that Apple has been considering where panel supply for the TV will come from, as Ultra HD TV panel makers, most of whom are based in Taiwan, are expected to be producing at nearly full capacity in 2013 in order to meet demand from China-based TV vendors.

The sources added that Apple is banking on LG Display to be able to mass produce Ultra HD TV panels by the second half of the year.

According to Digitimes, the upcoming Apple HDTV will also feature voice and motion control functions.

Find more on a long-awaited Apple TV set.