Apple in talks to buy part of Renesas Electronics, report claims


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Apple is in negotiations with Japan’s Renesas Electronics to acquire a unit of the company, says Nikkei. In particular Apple is said to be after Renesas SP Drivers, a joint venture with Sharp and Powerchip that designs chips for smartphone displays. The takeover deal would involve buying up Renesas’ 55 percent stake at an estimated price of 50 billion yen, or roughly $479 million….

    



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