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APR 02, 2014 - TechRadar

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Apple said to be sizing up chipmaker for better displays, less battery drain

Apple is known for making stealth purchases, but the company's rumored latest just got some air time. Japan's Nikkei filed a report today claiming Apple's next acquisition will take place in Japan, with a majority buyout of the company that produces controller chips for smaller LCD panels, like those used in smartphones.In a deal said to be valued at 50 billion yen (about $482m, £290m and AU$521m), Apple apparently hopes to consume Renesas Electronics' 55% stake in Renesas SP Drivers, a joint venture with Sharp and Powerchip.Renesas SP currently dominates nearly one-third of the global ... Read More

Tags: Apple said to be sizing up chipmaker for better displays, less battery drain,  Apple Latest News