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>> IPHONE Latest News

APR 02, 2014 - GamePro

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Report: Apple in talks to buy Renesas chip joint venture

Apple is said to be in talks with Renesas Electronics to buy its majority-owned joint venture that designs chips for smartphone displays.With an eye to improving image sharpness and battery life, the iPhone maker is interested in Renesas SP Drivers, which has developed components for Apple displays, Japan’s Nikkei newspaper reported Wednesday.Apple is looking to acquire Renesas Electronics’ 55 percent stake in the joint venture with Sharp and Powerchip Technology, it added. The stake would be worth some ¥50 billion ($479 million).The iPhone maker wants to complete the transfer of the company ... Read More

Tags: Report: Apple in talks to buy Renesas chip joint venture,  Iphone Latest News