Report : Apple In Talks To Buy Renesas Chip Unit

Report: Apple in talks to buy chipmaker Renesas SP Drivers to improve iPhone display/battery life.

Nikkei Asian Review Report :  Apple Inc is in talks with Japan's Renesas Electronics over the possibility of acquiring the unit of the company that builds chips for smartphone displays used in the iPhone and different devices.According to Nikkei report, the iPhone and iPad maker is "looking into" the purchase which could give the technology giant the in-house talent pool necessary to improve sharpness of image on product displays, as well as boosting battery life.

According to the report of Japanese Publication Nikkei, without identifying a source. Renesas Electronics own around 55% stake in Renesas SP Drivers, it is joint venture with Sharp Corporation 6753. T and Taiwan's powerchip.

The deal which would give a buyer Renasas's full stake in the JV, could be around $479 million. Report claims that if a deal is struck between Renesas and Apple, Sharp corp would see its ownership shares to the tech monster on request. 

Renesas SP drivers a leading supplier of controller ships and driver for both small and midsize LCDs with a market share of roughly a 3rd of the market worldwide. Nikkie reports : The JV focuses more on the development of displays chips and drivers, which can account for roughly 10% percent of battery usage as well as determining a displays' image quality.

Apple basically uses a different types suppliers to assemble it's products.but Renesas SP is currently the supplier for iPhone LCD chips. According to recent report from Nikkei Asian that Apple Inc was planning on a releasing a new iPhone in 2 new screen sizes in the month of September. The Publication has correctly reported or predicted on details of unreleased Apples products in the past. WSJ, Bloomberg and other previously reported that Apple was planning on introducing new 4.7-inch & 5.5-inch modes of the next-generation iPhone.