Apple not purchasing display chipmaker Renesas SP Driver

Apple will not be purchasing Renesas SP Driver, reports Reuters. Renesas SP produces the iPhone’s liquid crystal display chips, and a previous report noted that Apple was in discussions to acquire the division of Renesas Electronics. However, those talks apparently failed to progress quickly enough for Renesas, which decided to sell its majority stake in the division to Synaptics Inc. It’s unclear how this will change Apple’s relationship with Renesas SP as a supplier — there may be no effect at all.