Report: Apple may acquire display chipmaker | iLounge News

News

Report: Apple may acquire display chipmaker

Apple is in discussions to acquire a division of Japan’s Renesas Electronics that develops chips for smartphone displays, Nikkei Asian Review reports. The division in question, Renesas SP Drivers, is “the world’s leading producer of drivers and controllers for small and midsize LCDs.” These chips are said to “determine a display’s quality and performance,” in addition to affecting the overall energy efficiency of a device. Renesas SP is a joint venture between Renesas, Sharp, and Powerchip.

Apple is reportedly seeking Renesas’ 55 percent stake for an estimated $479 million. All of Apple’s iPhone liquid crystal display chips already come from Renesas SP; the acquisition would give Apple greater control of how the chips fit into its product designs. The report claims Apple hopes to complete the acquisition by summer, with about 240 current employees staying with the unit.

« Apple opens up iAd Workbench to all

Apps: Comedy Central, Endless Numbers, Shazam 7.5 + Tabular Mobile »

Related Stories

Comments

If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.

Commenting is not available in this section entry.
Sign up for the iLounge Weekly Newsletter

Email:

Recent News

Recent Reviews

Recent Articles

Sign up for the iLounge Weekly Newsletter

Email:

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond.
iPod, iPhone, iPad, iTunes, Apple TV, Mac, and the Apple logo are trademarks of Apple Inc.
iLounge is © 2001 - 2014 iLounge, Inc. All Rights Reserved. Terms of Use | Privacy Policy