Apple is in talks to buy a stake in Renesas Electronics, a Japanese chipmaker whose technology could help improve the iPhone's battery life and make its screens sharper, according to a report.
Apple is said to be interested in Renesas SP Drivers, a a Renesas joint venture with Sharp and Powerchip, according to Nikkei Asian Review .
If the deal goes through, Apple will take Renesas' 55% share in the venture at a price of $479 million. Sharp owns 25% of the venture. Powerchip claims the remaining 20%. The transfer will be completed by this summer, according to the report. Read more...
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