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  • Apple Rumored to be in Talks with Japanese Chipmaker Renesas SP Drivers

    Apple could potentially be on the verge of bringing another important hardware component in-house as the Cupertino California company is reportedly working on a deal to acquire controlling interest in Renesas SP Drivers. For those of you who didn’t already know, Renesas SP Drivers is a Japanese firm that makes LCD chips for Apple’s iPhone.

    Apple has reportedly offered $479 million for Renesas’ 55% stake in Renesas SP Drivers according to Japanese business news agency Nikkei. Renesas SP Drivers is a joint venture between Japanese chipmaker Renesas, Sharp and Taiwanese manufacturer Powerchip. Sharp, which owns 25% of the venture, would also likely sell its stake to Apple if the Renesas transaction is finalized, according to the publication. Most of Renesas SP Drivers’ 240-odd employees are expected to stay with the company in the event of a sale.

    Renesas SP Drivers is also said to be the sole supplier of LCD chips for Apple’s iPhones, perhaps an indicator of why Apple wants greater control. These components play an integral role in determining the display’s overall clarity and quality, an increasingly important differentiator for mobile devices. If the deal goes through, it would be the largest known acquisition in Apple’s history, surpassing the $404 million paid for NeXT in 1997 in a landmark transaction that brought Steve Jobs back to the company he founded.

    We’ll have to wait and see what happens.

    Source: Nikkei via AppleInsider
    This article was originally published in forum thread: Apple Rumored to be in Talks with Japanese Chipmaker Renesas SP Drivers started by Akshay Masand View original post